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A record 31.1GW of clean energy was bought by corporations through power purchase agreements (PPAs) last year, with technology companies once again the largest buyers, according to research firm BloombergNEF (BNEF).

Raising more than US$1 billion in equity capital in the past year, US independent power producer (IPP) Silicon Ranch is looking to expand its model of developing, owning and operating large-scale PV plants while maintaining a strategy of co-locating projects with regenerative agriculture.

Consumer-owned utility Walton Electric Membership Corporation (EMC) and independent power producer (IPP) Silicon Ranch have completed the construction of three utility-scale solar PV projects with a total capacity of 287MW that will be used to power Meta’s (formerly Facebook) operations in Georgia, US.