Corporate renewable energy (CRE) has been at the top of the global agenda in recent years, particularly in the US, where large corporations such as Google and Amazon have increasingly been signing long-term power-purchase agreements (PPAs) for wind and solar energy to power their activities.
Against all logic, Europe keeps shunning this promising trend.
Although the volume of corporate renewable PPAs contracted in Europe reached almost 1GW in 2016, Europe is still a tiny player compared to the US, where PPAs accounted for almost half of the 4GW of renewable energy installed in 2016, adding to its already impressive 5.3GW
