Powered by

Report: Global corporate renewables deals doubled in 2018

Feb 01, 2019 - SNL Renewable Energy Week

Fueled by a growing corporate appetite for clean energy, 121 companies around the world signed long-term deals for 13.4 GW of wind, solar and other renewables in 2018, smashing a prior record of 6.1 GW in 2017, BloombergNEF said in a report released Jan. 28.

More than 60% of the newly contracted power, or 8.5 GW, is in the United States, where nearly three dozen first-time buyers expanded the non-utility market for renewables beyond technology companies like Amazon.com Inc., Apple Inc., Fa...