Featured in Purchasing power – 04-2025

Data centers lead global growth in corporate PPAs

In 2024, the global corporate clean energy procurement market grew strongly, with a record 68 GW of power purchase agreements (PPAs) and other clean energy procurement deals announced. That amounted to 29% growth against the previous year. Caroline Zhu and Bruno Brunetti, of S&P Global Commodity Insights, examine the trends behind these numbers.
By
pv magazine

 Solar accounted for roughly half of the total energy capacity procured by corporates in 2024. Since 2019, solar has emerged as the favored technology for corporate energy procurement, due to generally easier permitting processes and shorter construction timelines.Data centers continue to lead global corporate clean energy procurement efforts, with more than 17 GW of deals …

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