Private companies and public institutions bought 8.9GW of clean energy through new long-term Power Purchase Agreements (PPAs) during the first half of 2020, according to new figures published by BloombergNEF, but COVID-19 still hangs like the Sword of Damocles above the year, with a big second half required to meet 2019’s record levels.
Bloomberg New Energy Finance (BNEF) published its 2H 2020 Corporate Energy Market Outlook: The pandemic edition on Tuesday, diving in on global corporate PPAs signed through July. A total of 8.9GW of new PPAs were signed during the period, 300MW more than was signed during the first half of 2019.