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2 min read Operations & Finance

Corporates broke new clean energy purchasing records in 2023

Since 2008, companies have announced power purchase agreements for 198 GW of renewable energy.
Melodie Michel
Melodie Michel
Corporates broke new clean energy purchasing records in 2023
Photo by Mariana Proença on Unsplash

Corporates signed a record 46 gigawatts of solar and wind energy purchasing contracts in 2023 – up 12% from 2022’s previous record, according to BloombergNEF.

Since 2008, companies have announced power purchase agreements (PPAs) for 198 GW of renewable energy in an attempt to tackle their operational emissions. This is more than the total power generation capacity of countries like France, the UK or South Korea. 

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