Corporate purchases of #solar power are playing an increasingly significant role in the growth of the industry in the US. About 18% of utility-scale solar in operation today was driven by corporate procurement, @WoodMackenzie data show... 
...while for capacity contracted for 2022-25, that proportion rises to 27%. Tech companies and retailers have been in the lead, but they are clearing a path that many other companies are now following. For more, check out the latest Energy Pulse: woodmac.com/news/opinion/u…
There is a lot of great detail on corporate procurement of solar power in the 2022 'Solar Means Business' survey from the @SEIA: solarmeansbusiness.com
Since 2015, there has been a surge in corporate procurement from off-site projects, using renewables to offset a company's purchases of power from the grid. Meta has been the leader in this so far, and currently has ~3.6GW contracted.
...contributing to achieving its goal of having its operations "supported by 100% renewable energy", in the sense that it is paying for a megawatt hour of electricity from renewables for every MWh that it uses. sustainability.fb.com/wp-content/upl…
Other companies are catching up fast, and Amazon in particular is poised to take top spot from Meta. It has ~7.2 GW of solar capacity contracted in the US over 2022-25, WoodMac data show. aboutamazon.com/news/sustainab…
And when tech companies or other large buyers start buying renewable energy, they make it easier for other companies in the market to do the same. For example, Meta has played a key role in negotiating utility "green tariffs" that are then available to other customers:
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