Solar Energy

Over Five Years, Corporate Solar Capacity Lights Up

Apple installed the most solar energy of any other company, leading the way for corporate solar adoption by putting 393.3 megawatts of solar capacity in place, according to The Solar Energy Industries Association annual report.

As the chart shows, just five years ago Apple had only a tenth of the solar capacity it now has. Out of all the corporate leaders in solar, four out of the ten are tech companies. Amazon has similarly made impressive strides, going from zero to nearly 330 megawatts of energy in just five years. At the end of last week, Amazon also announced a new solar farm in Virginia, which will start generating power in 2020.

Dropping installation costs have encouraged the adoption and the scalability of solar as a practical energy source for companies. As costs continue to drop, corporate adoption rates are expected to increase, continuing that correlative trend.

SEIA’s 2018 report was able to capture large off-site installations for the first time in addition to the on-site installations in place.

Description

This chart shows the companies with the most installed solar capacity in 2013 vs. 2018 (in megawatts).

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