Corporations bought a record 31.1 GW of clean energy through power purchase agreements (PPAs) in 2021, up nearly 24% from the previous year’s record of 25.1 GW. That’s according to research firm BloombergNEF (BNEF).
The flurry of activity was driven by the U.S., where two-thirds of the procurements occurred. In total, American corporations procured 17 GW in 2021. However, more than 137 corporations in 32 different countries inked these deals last year, according to BNEF’s 1H 2022 Corporate Energy Market Outlook.
