US Corporate Renewable Energy Procurement Hits Record High

The Rocky Mountain Institute’s Business Renewables Center recently reported US corporate renewable energy procurement achieved a new record in 2018, with 3.57 gigawatts of announced clean energy projects so far this year. The previous record was 3.12 GW set in 2015. Kevin Haley, a program manager at the Business Renewables Center, answered some questions for CleanTechnica. The number one driver of these procurement deals we see are companies working to meet their sustainability goals. Companies are recognizing the importance of sustainability to their long-term business success. There are numerous benefits, including the protection of environmental assets important to their business, improved employee retention and company pride, and financial opportunities to hedge electricity spend using low-cost wind and solar power.