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Corporates continue to buy renewables

Corporates investing in renewable energy is a trend we feature regularly on these pages.

And a new report released today by the International Renewable Energy Agency (IRENA) shows that in 2017 corporates – across 75 nations – sourced 465 terawatt hours (TWh) of clean power – enough to meet the power needs of France.

“Renewable energy sourcing has become a mainstream pillar of business strategy in recent years. While environmental concerns initiated this growing trend, the strengthening business case and price stability offered by renewables can deliver a competitive advantage to corporations, and support sustainable growth,” said IRENA Director-General Adnan Z. Amin.

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