Power Purchase Agreements

More than 100 corporations in 23 different countries signed PPAs last year

PPAs enable purchasers to have a fixed price certainty and generators to invest in renewable generation

Bloomberg New Energy Finance suggests companies signed up to the corporate leadership initiative could face a collective shortfall of 189TWh by this time

Global corporations signed a record volume of power purchase agreements (PPAs) for renewable energy last year. That’s according to Bloomberg New Energy Finance (BNEF), which suggests this increase was driven by larger sustainability initiatives and clean energy becoming increasingly cost-competitive with other forms of generation. A total of 5.4GW of clean energy contracts were signed […]