Corporations Leading Renewable Adoption
Corporations have been big adopters of renewable energy. Contracts signed in 2022 for firms to purchase renewable power increased 33% YoY and NXG estimates the contracts were worth more than $2.8 billion. American companies are leading but globally there are 407 companies that have committed to be 100% renewable. We believe that the billions being spent by organizations adopting renewables validate the economic benefits of solar and wind power.
