Many businesses are adopting solar energy after realizing there are huge benefits to be gained. Going solar not only creates positive PR for a business, but it gives them a cheaper option for energy that also helps the environment. The cost of solar panels and other solar accessories is falling, which makes it an affordable option for both commercial and residential customers.
Many large businesses are already reaping the benefits of commercial solar installation. These innovative companies are defining the way future businesses will incorporate solar energy, and are demonstrating how it is a good fiscal decision as well. Here are seven major global companies currently using solar.
In 2016, Target passed Wal-Mart for the top spot as the leading company using solar energy, and they have now held the top spot for two consecutive years. The Solar Means Business 2017 Report shows that Target has 203 Megawatts (MW) of installed capacity, which was up from 147 in 2016. There are currently 436 Target locations with rooftop solar panels, and the company hopes to see them installed at 500 locations by 2020.
Wal-Mart was the leading company for many years when it came to solar energy, and they have even set a long-term goal of running their entire company on renewable energy. Wal-Mart has been ranked first or second every year since the Solar Means Business Report debuted in 2012. The retail giant boasts 149 MW of solar photovoltaic (PV) capacity across nearly 350 roof installations. Roughly 25% of their whole operation is now powered by renewable energy.
Apple is currently the fourth largest corporate solar user with a 101 MW installed capacity. The tech firm’s installations power their headquarters in Cupertino, and their solar facilities produce enough electricity to fully charge nearly 45 million iPhones every day for a year.
Extra Space Storage
This business can be found in the top five corporations by number of solar installations. They currently have 86 solar panel installations across several small buildings in Massachusetts, New York, and New Jersey. This may not be one of the businesses that many would think to see on the list, but it proves that any business that uses solar will see benefits.
The current installed capacity at Macy’s tops 39 megawatts. They rank 9th in terms of installed capacity, and they rank 7th in number of installations with 66 installations across their company. Macy’s would be able to power more than 1.7 million televisions during their annual Thanksgiving Day Parade with their installed solar capacity.
Of course Intel has to make a huge impression, even in renewable energy. According to the EPA, they’ve invested enough to offset 100% of it’s 3,429,956,843 kWh (kilowatt hours). This is making Intel Corp. the largest leading company in America’s renewable energy plan.
IKEA’s goal is to produce as much energy as it consumes by 2020 utilizing solar and wind. Currently more than 100 stores have been fitted with solar panels. The company has invested $1.6 billion toward their plan along with increasing the sustainable harvest of their cotton and wood sources globally (IKEA, 2018).
Converting to solar power is nearly mainstream for large corporations. As other companies follow suit, it might just become the expectation instead of the exception. If you’re ready to join us in taking the next step toward greener, more responsible business, contact us today to learn about installing a commercial solar panel system!