By [email protected] Anyone watching the recent explosion of demand for renewable power from corporations like Facebook, Walmart and even ExxonMobil will have wondered: How far can this go?
Much, much further, is the short answer. For all its recent gains, the corporate renewables market is likely in its very early innings, according to a new analysis from Wood Mackenzie and the American Wind Energy Association (AWEA).
Among the 1,000 largest American companies by revenue, the penetration of renewables stands at just 5 percent in their power mix, the report finds. That leaves as much as 85 gigawatts of potential renewable energy demand within
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