World's Biggest Corporations Value Solar Energy Investments

Industry Giants in the News

Across Massachusetts and Cape Cod, small and medium size businesses are discovering that installing a solar energy system is the most certain way to big and long term energy savings. These local companies are taking advantage of the low cost of solar plus some of the bast incentives in the nation that are offered by the state and federal governments.

The value of solar power isn’t limited to local business or to small business. Global, brand name companies providing products and services we all use are increasingly making commitments to cover all of their operational electricity needs with clean energy. Solar power is a critical part of each plan. But not every plan is exactly the same.

These industry giants have been making recent news detailing their existing success and future plans for becoming completely fossil-free in their energy supply. Here are some examples that caught our attention:

Discount Retailers and Solar Energy

Both Walmart and Target are massive retailers whose competition and business models require they operate at low margins. Every business decision has to be scrutinized for financial risks. Both are fully committed to their respective clean energy futures, proving that solar energy and other forms of renewable production are good, economic choices.

While the companies are making their warehousing, distribution, and big-box retail centers more energy efficient, they each have aggressive energy production and acquisition plans:

Walmart:

Target Stores:

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Target Store with rooftop solar panels
Target Store with Rooftop Solar

Internet and Online Businesses go Solar

Although Amazon is a competitor to the giant big-box retailers, the company’s energy needs are different. Instead of addressing distribution centers, the company has a plan to reach 100% renewable energy supply by contracting from large wind and solar energy farms built across the country

And Alphabet Google has an even more unique approaching to clean energy. The company invests for the benefit of local communities across the globe. In announcing 18 new renewable energy projects worldwide rated at 1.6 GW, the company’s CEO states that solar is now a priority. Within this new push, 720 MW of solar power projects are on board in 3 U.S. states. To date, Google has invested in 52 total clean energy projects approaching 6 GW of rated capacity.