Jul 26, 2019

The companies going big on solar

Adapted from SEIA; Chart: Axios Visuals

Apple tops the corporate world in solar power procurement as of the end of last year, according to data released by the Solar Energy Industries Association, an industry trade group.

Why it matters: Their report on business use of solar power provides a look at who is helping to lead this segment of the wider corporate renewables installation and purchasing market.

Where it stands: The chart above shows the leading players in combined onsite installations and procurement from offsite projects via power purchase agreements and other contracts.

  • But, but, but: If the ranking included only onsite locations, the top 3 would be Target, Walmart and Prologis.

The big picture: "Today, the 7,000 MW of commercial solar installations generate 10.7 million MWh of electricity annually, enough to power 1.4 million homes," the report states.

Go deeper: Check out SEIA's full interactive report on corporate solar procurement data and trends here.

Go deeper

Solar power costs plummet across South Asia and the Pacific

Solar costs have dropped precipitously in the last decade across South Asia and the Pacific, new research from consultancy Wood Mackenzie shows.

Why it matters: It’s a sign of potential good news to come for efforts to address climate change. As nations in South Asia rapidly increase their electricity consumption, renewable energy will increasingly be able to help fill that demand in the coming decades.

Go deeperArrowAug 1, 2019

As wind and solar energy grow, so do their challenges

Data: WoodMac; Chart: Axios Visuals

Costs for wind and solar electricity have plummeted in the U.S. and around the world, driving incredible growth in these cleaner sources of energy and helping combat climate change.

But, but, but: The costs associated with the variability of wind and solar — it’s not always windy or sunny — are growing as states, progressive politicians and corporations push for rapid increases in these resources to levels much greater than what we have today.

Tesla launches program for customers to rent solar panels

Tesla launched a new program on Sunday to enable customers to rent solar panel systems.

Why it matters: This is Tesla's latest effort to bolster its struggling solar business lines, and it's part of a wider relaunch of Tesla's solar business that CEO Elon Musk announced via Twitter.

Go deeperArrowAug 19, 2019