Demand on track to surpass 2016
RMI tracked 1.24 gigawatts of corporate renewable energy procurements from the beginning of January through June 15 of this year. Procurements spiked in 2015, when the industry predicted that Congress would not extend the Production Tax Credit for wind and the Investment Tax Credit for solar. Since then, corporate renewable energy demand has returned to more incremental growth.
Demand remains strong, however, with 2017 on track out outpace 2016. “You can see it’s a growing trend,” said Touati.