Published on January 20, 2023 by Dave Kovaleski
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A new report from the American Clean Power Association (ACP) reveals that corporations set a record for purchasing clean energy in 2022.
ACP’s Clean Energy Powers American Business report found that corporations purchased nearly 20 gigawatts (GW) of clean energy in 2022, which is 4 GW higher than any other year. Specifically, over 300 corporations had contracted for clean energy, even as power purchase agreement (PPA) prices increased.
“Economic and environmental benefits, as well as growing pressure on corporations to meet sustainability targets, have led to a 100-times increase in corporate clean power procurement over the past decade. During that same period, solar and wind costs have decreased 71 percent and 47 percent, respectively, making both more attractive to corporate energy buyers. American…