Corporate Call for Less Regulations for PPAs

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The appetite for renewable energy grows, but companies need more insurance for long-term policies.

Official Press Release WindEurope:

Major corporates ready to do more on climate action and call for easier access to renewable energy

Wind Industry Profile of
Major corporates ready to do more on climate action and call for easier access to renewable energy

Almost 100 organisations led by major corporates today signalled their willingness to do more on climate action calling on European governments to make it easier to invest and directly source renewable energy. The group signed this declaration at the RE-Source 2018 event in Amsterdam.

Corporate renewable power purchase agreements (PPAs) worth 6 GW have already been signed in Europe, representing billions of Euros of investment and thousands of jobs. Nearly 2 GW of this has been contracted in 2018 alone. Commercial and industrial on-site corporate sourcing accounted for 1.7GW in 2017 and is expected to grow considerably in the next five years. To unlock the full potential for investing directly in onsite and offsite renewable energy and through PPAs, the declaration... ... More: Official Press Release WindEurope

WindEurope, corporate, PPA, long-term, policy, climate action, renewable energy

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