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).
Andor Savelkouls and Jonathan Bell of Altenex Energy, a subsidiary of Edison Energy, assess the flaws in how corporates currently procure renewable electricity, and how slight tweaks to the system can make it more accurate and cleaner.
A round-up of the latest news from the US solar market, featuring news of a new solar PPA signed between Ørsted and Microsoft, AEP Energy and Doral LLC sign another PPA for a project in Indiana and California courts are set to get solar and storage systems.
Flurry of deals in US southeast was among highlights as solar corporate procurement soared between 2018 (5.4GW) and 2019 (9.6GW), BloombergNEF analysts tell PV Tech.
Technology giant eyes full renewable electricity supply by 2025, while food group sets same goal for US operations and financial services firm claims to have already reached it globally.
Tech giant to procure 85MW of solar from project set to come online in 2021 via long-term PPA with Engie, featuring a so-called 'innovative volume firming agreement'.
First Solar’s 150MW Sun Streams 2 PV project will power new energy-efficient data centres being built by Microsoft in both Goodyear and El Mirage, Arizona.
Microsoft Corp. and Invenergy have signed off on a partnership to develop a 74MW PV project in North Carolina. Once completed, the installation will provide clean energy to Microsoft, along with economic investment and jobs for Beaufort County within the state.
