POWER PURCHASE AGREEMENTS INCREASE GREEN ENERGY CONSUMPTION AND INVESTMENT WORLDWIDE
November 1st, 2019
As national, regional and international legislation nudges the world away from its reliance on fossil fuels, corporations are increasingly sourcing renewable energy through the mechanism of green power purchase agreements (PPAs), whereby companies (and also utilities) act as an off-taker, making commitments for future renewable energy payments.
European companies have signed nearly 5GW in power purchase agreements (PPA) with wind farms since they were first awarded in 2013, according to wind energy industry group Wind Europe. A similar picture is emerging in the ...
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