In a recent article, GreenBiz noted the corporate sector's continued push towards renewable energy. Demand is growing as companies work to meet the expectations of stakeholders to improve sustainability efforts, while taking advantage of falling prices.
As noted by GreenBiz, businesses committed to 3,110 megawatts (MW) of wind and solar via power purchase agreements (PPA) last year, which is almost double 2016 capacity but still below a 2015 high point.
For example, technology infrastructure company Switch partnered with its customers to fund construction of what will be the single largest solar project portfolio in the United States, called Gigawatt 1 in Nevada.
There are other innovative forms of sourcing renewable energy that are making the transition to clean energy easier for companies. This includes green tariff deals directly with utilities, which in 2017 grew 2.5 times above prior year to 560 MW, and virtual power purchase agreements (VPPA) as just announced by AT&T.