Quantcast
Environmental News for a Healthier Planet and Life

Top Companies Invested in Solar Energy Projects

Business
Top Companies Invested in Solar Energy Projects

Some of the leading retailers and manufacturers are atop the list of businesses that have installed the most solar energy in the U.S. in the last year.

The Solar Energy Industries Association's (SEIA) "Solar Means Business" report, released yesterday, shows that businesses, nonprofits and governmental entities have installed 1,000 megawatts (MW) of new photovoltaic (PV) solar projects since last year. That's enough to power 160,000 typical American homes.

Cumulatively, the surveyed entities have installed 3,380 MW of solar energy on 32,800 buildings as of mid-2013—a 40-percent increase over last year.

Graphic credit: Solar Energy Industries Association

“The list of companies moving to clean, affordable solar energy reads like a ‘who’s who’ of the most successful corporations in America,” said SEIA President and CEO Rhone Resch. “These iconic brands are leading the way when it comes to efforts to reduce our nation’s dangerous dependence on foreign energy sources. They’re also helping to create thousands of American jobs, boost the U.S. economy and improve our environment. At the same time, they’re reducing operating expenses, which benefits both their customers and shareholders.”

The top 25 companies combined for 400 MW of solar capacity, which is a 33 percent increase from last year. Walmart has the greatest capacity of solar energy as well as the largest amount of solar energy systems installed with 215 MW.

“As we work toward our ambitious goal to be supplied 100 percent by renewable energy, solar energy continues to be an important part of our renewable energy portfolio,” Kim Saylors-Laster, Walmart's vice president of energy, said. “With our size and scale, Walmart is in a unique position to encourage innovation and accelerate the adoption of cost-effective, clean energy alternatives, including solar power.”

Despite leading those categories, just 5 percent of Walmart's properties are powered by solar energy. IKEA leads that category with 89 percent.

Developed with Vote Solar, SEIA's report also ranks the amount of states in which businesses have solar-powered structures and deployment by industry.

"For years, the promise of solar was always 'just around the corner,'" Vote Solar Executive Director Adam Browning said. "Well, solar has turned the corner, and found itself on Main Street, USA.

"These companies—titans of American business—may have vastly different products, business models and geographic locations, but they all have something in common: They know a good deal when they see one, and they are going solar in a big way."

 

By Michael Svoboda, Ph.D.

Despite a journey to this moment even more treacherous than expected, Americans now have a fresh opportunity to act, decisively, on climate change.

The authors of the many new books released in just the past few months (or scheduled to be published soon) seem to have anticipated this pivotal moment.

Read More Show Less

EcoWatch Daily Newsletter

Marsh Creek in north-central California is the site of restoration project that will increase residents' access to their river. Amy Merrill

By Katy Neusteter

The Biden-Harris transition team identified COVID-19, economic recovery, racial equity and climate change as its top priorities. Rivers are the through-line linking all of them. The fact is, healthy rivers can no longer be separated into the "nice-to-have" column of environmental progress. Rivers and streams provide more than 60 percent of our drinking water — and a clear path toward public health, a strong economy, a more just society and greater resilience to the impacts of the climate crisis.

Read More Show Less

Trending

A Brood X cicada in 2004. Pmjacoby / CC BY-SA 3.0

Fifteen states are in for an unusually noisy spring.

Read More Show Less
A creative depiction of bigfoot in a forest. Nisian Hughes / Stone / Getty Images

Deep in the woods, a hairy, ape-like man is said to be living a quiet and secluded life. While some deny the creature's existence, others spend their lives trying to prove it.

Read More Show Less
President of the European Investment Bank Werner Hoyer holds a press conference in Brussels, Belgium on Jan. 30, 2020. Dursun Aydemir / Anadolu Agency via Getty Images

By Jon Queally

Noted author and 350.org co-founder Bill McKibben was among the first to celebrate word that the president of the European Investment Bank on Wednesday openly declared, "To put it mildly, gas is over" — an admission that squares with what climate experts and economists have been saying for years if not decades.

Read More Show Less