Corporations surpass record volume of clean power purchases in 2017

By Michelle Froese Corporations signed a record volume of power purchase agreements (PPAs), for green energy in 2017. Bloomberg New Energy Finance (BNEF) finds in a new report on global corporate procurement activity that the increase in activity was driven by sustainability initiatives and the increasing cost-competitiveness of renewables.
Global corporate PPA volumes.
A total of 5.4-GW of clean energy contracts were signed by 43 corporations in 10 different countries in 2017, according to BNEF in its inaugural Corporate Energy Market Outlook. This was up from 4.3 GW in 2016 and a previous record of 4.4-GW in 2015 and came despite question marks about how

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