"Renewable energy ... will continue to expand without corporations. With corporations, the pace becomes exponential," Brian O'Callaghan, vice president at Acadia, told Reuters.
Microsoft has already used the coalition to invest in a 210-megawatt solar farm in Texas with additional backing from the Sustain Our Future Foundation, a nonprofit that uses grants to help communities benefit from renewable energy development.
The coalition, which is organized by Acadia, is seeking to invest $9 billion to build 5 gigawatts worth of renewable power, enough to power nearly 1 million homes.
Google announced on Tuesday that it was funding $20 billion worth of renewable power projects across the U.S.
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