At Greentech Media, we’ve repeatedly covered the challenges confronting commercial clean energy projects, particularly solar, as well as the upswing in corporate solar purchasing.
While commercial solar projects can be fragmented and difficult to finance, corporations are increasingly dipping into solar. According to GTM Research, corporate solar installations exceeded 3 gigawatts in 2017 and the U.S. now has 11.6 gigawatts of projects — including offsite, distributed, front-of-the-meter and behind-the-meter — with corporate or commercial offtakers.
Complications in the commercial solar space have compelled some companies, such as Tesla, to investigate the full ownership of projects from start to finish. Others have focused on virtual PPAs and offsite solar.
Whatever the route businesses choose, recent reports detailing corporate thoughts on clean energy procurement show the sector’s hurdles are not keeping companies from increasing their uptake in renewables. Instead, many are actively adjusting energy management priorities to consider clean energy.