{"id":93011,"date":"2021-01-22T08:00:52","date_gmt":"2021-01-22T13:00:52","guid":{"rendered":"https:\/\/\/?p=93011"},"modified":"2021-01-08T09:59:26","modified_gmt":"2021-01-08T14:59:26","slug":"corporations-have-taken-a-major-stand-against-dirty-electricity","status":"publish","type":"post","link":"https:\/\/\/2021\/01\/corporations-have-taken-a-major-stand-against-dirty-electricity\/","title":{"rendered":"Corporations have taken a major stand against dirty electricity
2021 Trends in Solar<\/span>"},"content":{"rendered":"

The United States may have abandoned<\/a> the Paris Agreement, an international treaty combatting climate change, but not everyone is silently standing by. More businesses and corporations are adopting progressive environmental goals, with solar investments at the top of their lists.<\/p>\n

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Solar panels on the new Starbucks store in the Northridge neighborhood of Los Angeles, California. Photo by Patrick T. Fallon for Starbucks<\/p><\/div>\n

“Now more than ever, a company’s responsibility extends beyond caring for their economic impact to caring for their employees and the environment. This is coupled with the fact that solar is now the most competitively priced form of energy, giving businesses and public entities both an ethical and financial justification for investing in large solar projects,” said Eric Potts, senior VP for commercial in the Americas at SunPower<\/a>. “The economic case is made even stronger by the new forms of income streams opened up using storage and community solar, providing excess energy to the grid and potentially offsetting lost revenues from the impacts of COVID-19.”<\/p>\n

The latest “Solar Means Business” report from SEIA<\/a> found that more corporations are making significant investments in renewable energy, with 1,283 MW of new commercial solar capacity installed in 2019 coming from commercial businesses. Over 65% of that number was on-site solar installations.<\/p>\n

And while 2019 may have been big for on-site solar deployments, 2020 was huge for large-scale PPAs secured by corporations for off-site projects. SEIA predicts that an additional 5,000 MW of corporate off-site solar projects will come online over the next few years, which will more than double the total amount of corporate solar.<\/p>\n

Some significant announcements from the last year:<\/p>\n