Markets - 02/May/2018

Barriers brake power of big business to drive renewables

The advantages for big companies of buying their electricity directly from wind and solar generators at a fixed long-term price is bringing what could become a major new flow of capital into the renewable energy market, but outdated legislation remains a barrier

Corporate power purchase agreements for renewables have soared globally, from an average of 500 megawatt a year around the turn of the decade, almost all in the US, to a record peak of 5.4 gigawatt worldwide in 2017, despite restrictive legislation ...

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