Disney is taking concrete action to move towards sustainability and mitigate its environmental impact. As a very large consumer of electricity, they are beginning to utilize renewable energy to power their operations. Many of the parks already use geothermal technology for heating, and more and more are looking to solar to further minimize their reliance on non-renewable energy sources. Disneyland Paris is currently working on installing a 17 MW carport project set to be completed in 2023. This project will consist of around 67,000 solar panels, making it one of the largest solar canopies in Europe.

Solar can be a great option for your business, providing a multitude of benefits ranging from lower electric bills to reduced environmental impact. As commercial solar installations become increasingly popular, it is critical to consider all of the financing options. A solar installation can be paid for in three ways: cash, solar loans, or PPAs (power purchase agreements).

SolBid, Inc. is composed of hard-working individuals, each with their own unique story. Today, we are putting the Spotlight on Chris Saettel, DoD Skillbridge Program Intern here at SolBid.

Agriculture is the world’s largest industry, employing over one billion people and generating over $1.3 trillion dollars worth of food annually. Cropland occupies around 50% of the land on Earth. It is not surprising then that the agricultural industry consumes a large amount of energy. In 2016, the agricultural industry consumed 1,872 Btu of energy, 1.9% of total US energy consumption. Farms need this energy to power machinery, irrigate crops, cool and heat facilities, provide lighting, and dry grains. Agrivoltaics, or the installation of solar panels over cropland can provide a multitude of benefits, helping source required energy from clean, renewable sources.

Today, consumers and investors are becoming increasingly focused on supporting sustainable businesses. The demand for sustainable goods has increased by over 71% in recent years, and companies are rapidly changing to keep up. According to a national survey conducted in a 2006 study, millennials are more responsive to institutions that are environmentally friendly. The results of the study showed that 83% of millennials will place more trust in an organization that is socially and environmentally responsible. Another study, conducted by the Mortgage Lender Network of the USA found that 94% of Americans prefer to work in a setting that is designed to be both energy efficient and ecologically sound. However, not all companies are truthful when it comes to claims regarding their increased devotion to sustainability. Lately, many companies have been accused of “Greenwashing”, or claiming to have greener funds and products than they actually do.

Installing solar can assist your company in meeting both its financial and sustainability goals. Whether you’re looking to save money, maximize return on investment, or reduce your carbon footprint, the size of your solar array can play an integral part in achieving your desired outcome. When considering solar as an investment, it is critical to understand how many panels you will require.