While the United States is garnering global attention for its shale boom, its prominence in the renewable energy field is far above that of any of its international competitors. The United States has been the world’s greatest producer of renewable energy since 2006. According to BP’s 2014 Statistical Review of World Energy, the U.S. accounted for 43.5% of the world’s renewable energy production in 2013.

Major energy companies traditionally known for oil production are expanding their reach in alternative power solutions. ExxonMobil (ticker: XO...


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