Corporate renewable energy procurement has grown and diversified rapidly in the past decade, the Business Renewables Center reported in a new State of the Market Update published this week. The market in the United States started with four unique buyers and has exploded to 51 corporate buyers joining over the past five years.
The Business Renewables Center, a member-based Rocky Mountain Institute initiative that accelerates corporate purchasing of off-site, large-scale wind and solar energy, called 2017 a true benchmark year. Publicly announced contracted capacity from corporate PPAs, green power purchases, green tariffs, and outright project ownership in the United States equaled 2.78 GW last year. Google, Apple, Facebook, Kimberly Clark, and General Motors led the pack with multiple deals.