Corporate Solar Purchasers in the Southeast: A Growing Major Market

More than ever before, corporations throughout the world are powering their businesses with renewable energy. According to Power Forward 3.0, nearly half of the companies in the 2016 Fortune 500 have set targets to reduce greenhouse gases (GHG), improve energy efficiency, and/or increase renewable energy sourcing—this stat is up five percentage points from 2014. Pushed by social and economic forces, this upwards trend is expected to continue. After a huge bump in 2015, when the Federal ITC was originally scheduled to expire, demand levels of corporate solar capacity have returned to a more incremental rate of increase, with June 2017 numbers already close to 2016’s year end total.