More than 300 US companies, including mega-corporations like General Motors, Google, Facebook, and retailers like Walmart have combined strengths to create the Renewable Energy Buyers Alliance (REBA).
The group claims to represent the largest group of corporate-level renewable energy buyers in the US, and has set a 2025 target to install 60GW of renewable capacity.
Combined, the leadership of the group alone represents annual revenues of $1 trillion, and more than 1 percent of the country’s total consumption.
It is hoped that the initiative will achieve its vision to create a resilient carbon-free energy system, where purchasing renewables is an affordable and convenient option for commercial customers.
The organisation has offices in Washington, and Boulder, Colorado.
Michael Terrell, Head of Energy Market Strategy at Google and REBA’s first Chair of the Board, said: “Every enterprise — whether it’s a bakery, a big-box retailer or a data centre — should have an easy and direct path to buy clean energy. Ultimately, sourcing clean energy should be as simple as clicking a button.”