According to Bloomberg New Energy Finance, global corporations purchased 31.1 GW of clean energy through power purchase agreements in 2021, reaching new record high. Purchases are up roughly 24% from the previous record year of 25.1 GW in 2020.
In 2021, more than 137 companies from 32 different countries publicly announced clean energy contracts. BNEF’s data shows that the Americas accounted for two-thirds of the activity. Among the 20.3 GW of PPAs announced, the United States leads the way with 17 GW. The virtual PPA continues to dominate the US market, with 12 GW of transactions.
