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Bloomberg New Energy Finance (BNEF) revealed in its 2019 Global Enterprise Energy Market Outlook released this month that 121 companies in 21 countries and regions signed contracts to purchase clean energy electricity in 2018, an increase of more than
13.
4 GW from 6.
1 GW in 2017.
Jonas Rooze, Head of Corporate Sustainability at BNEF, said: "Since 2008, companies have signed contracts to purchase more than 32GW of clean energy, an amount comparable to the power generation capacity of the Netherlands, with 86% of activity since 2015
.
”
Nationally, more than 60 percent of clean electricity purchases come from the U.
S
.
, which signed 8.
5 GW of PPA agreements, nearly triple the number in 2017.
Among them, Facebook ranks first in the world with a record of more than 2.
6 GW of clean electricity purchased globally throughout the year, which is three times
the electricity purchased by AT&T.
ExxonMobil became the first oil specialist to sign a clean energy PPA agreement for its own operations, buying 575MW of solar and wind in Texas
.
Corporate purchases also increased
in Mexico and Brazil.
In 2018, companies in the Americas purchased a total of 9.
1 GW of clean electricity
.
In the Europe, Middle East and Africa (EMEA) region, corporate purchases of clean energy electricity reached a record high of 2.
3 GW and also doubled from 1.
1 GW in 2017
.
Northern Europe is once again a hot spot, with aluminium producers Norsk Hydro and Alcoa Corp buying Europe's cleanest energy in 2018, but the region also saw activity
from multinational tech companies such as Facebook, Amazon and Alphabet subsidiary Google.
Asia Pacific (APAC) remains an emerging market for corporate procurement, with companies in the region signing a record 2GW of clean energy PPA agreements in 2018, more than the previous two years combined
.
Almost all of these activities took place in India and Australia, which purchased around 1.
3GW and 0.
7GW of clean energy electricity
, respectively.
Both markets allow businesses to purchase clean energy on a large scale through off-site PPAs, making them a scarce product
in the region.
Bloomberg New Energy Finance (BNEF) revealed in its 2019 Global Enterprise Energy Market Outlook released this month that 121 companies in 21 countries and regions signed contracts to purchase clean energy electricity in 2018, an increase of more than
13.
4 GW from 6.
1 GW in 2017.
Jonas Rooze, Head of Corporate Sustainability at BNEF, said: "Since 2008, companies have signed contracts to purchase more than 32GW of clean energy, an amount comparable to the power generation capacity of the Netherlands, with 86% of activity since 2015
.
”
Nationally, more than 60 percent of clean electricity purchases come from the U.
S
.
, which signed 8.
5 GW of PPA agreements, nearly triple the number in 2017.
Among them, Facebook ranks first in the world with a record of more than 2.
6 GW of clean electricity purchased globally throughout the year, which is three times
the electricity purchased by AT&T.
ExxonMobil became the first oil specialist to sign a clean energy PPA agreement for its own operations, buying 575MW of solar and wind in Texas
.
Corporate purchases also increased
in Mexico and Brazil.
In 2018, companies in the Americas purchased a total of 9.
1 GW of clean electricity
.
In the Europe, Middle East and Africa (EMEA) region, corporate purchases of clean energy electricity reached a record high of 2.
3 GW and also doubled from 1.
1 GW in 2017
.
Northern Europe is once again a hot spot, with aluminium producers Norsk Hydro and Alcoa Corp buying Europe's cleanest energy in 2018, but the region also saw activity
from multinational tech companies such as Facebook, Amazon and Alphabet subsidiary Google.
Asia Pacific (APAC) remains an emerging market for corporate procurement, with companies in the region signing a record 2GW of clean energy PPA agreements in 2018, more than the previous two years combined
.
Almost all of these activities took place in India and Australia, which purchased around 1.
3GW and 0.
7GW of clean energy electricity
, respectively.
Both markets allow businesses to purchase clean energy on a large scale through off-site PPAs, making them a scarce product
in the region.