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Renewable Energy Demand Is on the Rise with Corporate Buyers

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U.S. companies are stepping up their investments in renewable energy. 

That's according to the 2016 Corporate Advanced Energy Commitments report produced by Advanced Energy Economy (AEE)

The study found that 71 percent of Fortune 100 companies and 43 percent of Fortune 500 companies have now set renewable energy or sustainability targets. Moreover, 22 of Fortune 500 companies have now pursued 100 percent green energy goals. 

Importantly, AEE notes that these investments aren't confined to any one industry vertical: "these targets extend across industry segments — again indicating that target-setting is an increasingly normal element of good business practice." 

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While commitments are on the rise, the report points out that there are still some logistical and regulatory challenges companies face in procuring renewable energy and meeting their energy targets. That's why Direct Energy Business is proud to help 78 percent of Fortune 100 companies — and more than 240,000 businesses across North America — meet their energy goals. 

For businesses looking to join the growing solar trend, Direct Energy Business offers a number of beneficial and creative commercial solar power options. Last year, we unveiled a groundbreaking 1.2 megawatt rooftop solar project with H-E-B and SolarCity in Weslaco, Texas. More recently, we announced an innovative 13.6 megawatt remote solar project with Johns Hopkins University in Maryland and a new plan to install solar power systems at Whole Foods Market locations throughout the United States.  

Learn how solar power can potentially benefit your business.

Posted: December 09, 2016