Report: U.S. Corporate Solar Investments Swell to 8300 Megawatts, Grow 20-Fold Over Last Decade

Analysis from national trade group shows that Walmart increases solar use by 35% in 2019 as Facebook jumps 18 places in corporate solar ranking and Apple remains on top for second year in a row

SOURCE: Fifth Third Bancorp

  • Fifth Third Bank was ranked in SEIA’s list of top corporate solar purchasers at no. 11.
  • Fifth Third was the first Fortune 500 company and first bank to achieve 100% renewable power through a single, solar project in 2019.

Tech giants, major retailers and other corporate leaders are making significant investments in clean energy and installed 1,286 megawatts (MW) of new commercial solar capacity in the United States in 2019, the second largest year on record according to the latest Solar Means Business report. The annual report, released today by the Solar Energy Industries Association (SEIA), tracks both on-site and off-site installations and highlights the strong appeal of cost-saving solar energy for American businesses.

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KEYWORDS: NASDAQ:FITB, Fifth Third Bank, Solar Means Business

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