First-time corporate buyers are entering the market in droves and now account for the majority of both deal announcements and contracted MW of wind and solar energy.
David Labrador is a former Senior Writer and Editor at RMI.
Earlier this week, aerospace, defense, and advanced technology company Lockheed Martin announced that it had concluded a deal to buy 30 MW of solar power from Duke Energy Renewables, a Business Renewables Center (BRC) sponsor and part of Duke Energy.
“Salesforce committing to a second PPA after signing their first contract last December is an excellent example of how new companies can join the renewables club and build momentum quickly.”
To cap what is already a banner year for corporate renewable energy procurement, Salesforce recently signed another major PPA deal for 125,000 megawatt-hours of electricity annually.
An authoritative new study released earlier this week shows how energy efficiency can be a low-cost pathway to keeping global warming to the critical 2 degrees centigrade mark.
Early last week the EPA announced the 2015 Green Power Leadership Awards. At least five of the winners, who are recognized for achievements in advancing the nation’s renewable energy market, are affiliated with RMI’s Business Renewables Center (BRC).
In the face of rising retail prices for grid electricity, investing in solar-plus-battery systems can insulate grid-connected customers from those increasing prices and effectively lock in a peak price that won't continue to climb, according to a recent analysis by RMI.
Last week, New York’s Reforming the Energy Vision (REV) proceeding achieved another key milestone as part of its electricity system evolution.
Colorado's state legislature has considered a bill to move towards performance-based regulation of investor-owned utilities.