Publications

Energy - JANUARY 23, 2018

Corporate clean energy PPAs reached record volume in 2017

by Andrea Zander

Corporations signed a record volume of clean energy power purchase agreements (PPAs) globally in 2017, according to a new report from Bloomberg New Energy Finance (BNEF).

The increase in activity was driven by sustainability initiatives and the increasing cost-competitiveness of renewables.

A total of 5.4 gigawatts of clean energy contracts were signed by 43 corporations in 10 different countries in 2017. An increase from 4.3 gigawatts in 2016 and 4.4 gigwatts in 2015.

To read the report, click here.

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