Corporations that Use Solar Energy
Due to the significant advantages, many businesses are switching to solar energy. Going solar not only boosts a company's reputation, but it also provides them with a more affordable, environmentally friendly energy source. As a result, there are now a lot more businesses using solar power. Both business and residential clients may afford solar energy because to the lowering price of solar panels and other solar accessories.
Commercial solar installation is already paying off for many large companies. These cutting-edge enterprises are shaping how businesses in the future will use solar energy and proving that doing so is wise from a financial standpoint. Here are seven significant global businesses that use solar energy today.
TARGET
Target has now retained the top spot for two years running as the leading company employing solar energy, surpassing Wal-Mart in 2016. According to the Solar Means Business 2017 Report, Target now has 203 MW of installed capacity, an increase from 147 MW in 2016. By 2020, the business wants to have rooftop solar panels installed at 500 Target locations, up from 436 today.
WAL-MART
For many years, Wal-Mart was the industry leader in solar energy, and they even have a long-term objective of running their entire business on renewable energy. Since the publication of the first Solar Means Business Report in 2012, Wal-Mart has consistently placed #1 or second. The retail behemoth has approximately 350 roof installations totaling 149 MW of solar photovoltaic (PV) capacity. Their entire business is currently powered by renewable energy to a degree of about 25%.
APPLE
With 101 MW of installed capacity, Apple is now the fourth-largest corporate solar consumer. The tech company's installations power its Cupertino headquarters, and its solar facilities generate enough electricity each day for a year to fully charge close to 45 million iPhones.
EXTRA SPACE STORAGE
According to the number of solar installations, this company is among the top five firms. In Massachusetts, New York, and New Jersey, they presently have 86 solar panel installations spread throughout a number of little structures. This company may not be one that many people would expect to see on the list, but it shows that any company that uses solar energy will gain.
MACY’S
Macy's has an installed capacity that exceeds 39 megawatts at the moment. With 66 installations across their entire firm, they are ranked 7th in terms of the total number of installations and 9th in terms of installed capacity. With their existing solar capacity, Macy's could run more than 1.7 million televisions during their yearly Thanksgiving Day Parade.
INTEL
Even with renewable energy, Intel must unquestionably leave a lasting mark. The EPA estimates that their investments have been sufficient to offset 100% of its 3,429,956,843 kWh (kilowatt hours). Due to this, Intel Corp. is now the largest and most influential business in America's renewable energy strategy.
IKEA
IKEA wants to use solar and wind power to generate as much energy as it uses by the year 2020. Currently, solar panels are installed in more than 100 establishments. Along with boosting its sustainable global cotton and wood harvest, the corporation has invested $1.6 billion in its goal (IKEA, 2018).
For large organizations, switching to solar energy is practically standard practice. If other businesses do the same, it might end up being the norm rather than the exception. Get in touch with us right away to learn more about installing a commercial solar panel system if you're prepared to take the next step with us toward running a greener, more ethical company. Uncertain of your readiness for solar? Check here to see if solar panels are worthwhile for you.