Skip to main content

Tech Giant Microsoft Sets Corporate Solar Procurement Record

Tuesday, Mar 27 2018

Share
By
Comms Team
commercial rooftop solar

We have said this for years, and after historic C&I growth in the U.S. Solar Market Insight Report 2017 Year-in-Review, and what will likely be historic growth in another upcoming report (hint hint), it really is true: Solar means business!

Last week, tech giant Microsoft announced a purchase of 315 megawatts (MW) of solar power from two utility-scale facilities in Virginia. This historic announcement marks the single largest corporate purchase of solar energy ever in the United States.

Renewable power developer sPower, also a member of SEIA’s Board of Directors, owns and operates the larger 500 MW project from which Microsoft is off-taking.

SEIA members, like sPower and the solar industry at large, are leading the way by offering energy that is very attractive for major U.S. companies, like Microsoft, to source from.

In our newly released Solar Market Insight report with GTM Research, we showed how the non-residential sector (commercial, industrial, community solar, etc.) grew 28 percent year-over-year, thanks in large part to American businesses investing in low-cost solar.

The top corporate solar users in the United States have installed more than 1 gigawatt of capacity. Fortune 500 companies across the country are installing onsite and offsite solar, and investing in credits from existing plants.

Next month, leaders from the commercial and industrial solar sector, as well as leading corporate end users, will gather in Boston at SEIA’s annual Solar Goes Corporate event. There, they will discuss and share insights on how businesses can procure, deploy and invest in solar energy, like Microsoft and thousands of other companies.

As Bloomberg recently wrote, solar is taking off in the Southeast, Virginia included, and where solar thrives, businesses invest. Microsoft just proved that by setting a record, but this is only the tip of the iceberg.

Related News

Thursday, Aug 22, 2019

Special Report: Abigail Ross Hopper Touts Solar Growth on Cable News Giant

Last night in living rooms across the country millions of Americans got a much-needed update on solar energy in America. SEIA President and CEO Abigail Ross Hopper was featured on Special Report with Bret Baier, a Fox News show, to share the story of solar growth in the United States. This week the evening news show is featuring a five-part series called Energy in America. Wednesday night focused on the future of solar energy in the United States.

Read More
Thursday, Aug 22, 2019

Community and Environmental Organizations Push Michigan Public Service Commission to Reject DTE’s Long-Term Energy Plan

WASHINGTON, D.C. and LANSING, MI – Environmental and community organizations today are calling for Michigan’s Public Service Commission to reject the proposed long-term energy plan from DTE following testimony from experts revealing how DTE’s plan will hold back a transition to cleaner, more affordable energy.

Read More
Wednesday, Aug 21, 2019

SEIA CEO Abigail Hopper Dispels Common Solar Myths on National Morning Show

Last week, SEIA President and CEO Abigail Ross Hopper appeared live on The Weather Channel’s AMHQ to discuss the role of solar energy and storage in the United States.

Read More