Corporate renewable electricity sourcing in Europe has shown continuous growth despite the COVID-19 pandemic, demonstrating the resilience and potential of Europe’s renewable energy sector, RE-Source 2020 said on December 7. In November, the cumulative contracted volume of corporate renewable power purchase agreements (PPAs) in Europe reached the 11 GW mark, up from just 2.2 GW by the end of 2016 and with a record 3 GW contracted in 2020 alone

Re-Source 2020 said in a press release, adding that this shows that more and more companies are stepping up to the challenge of reducing carbon emissions with renewable electricity, in line with the EU’s plans for a green economic recovery.

https://www.neweurope.eu/article/despite-covid-19-global-corporate-renewable-electricity-sourcing-demand-grows/