Interview: Corporates’ climate commitments open doors for massive renewable energy deployment

Corporate renewable energy purchases are at an all time high. In Europe alone, a record-breaking 4 GW of corporate power purchase agreements were signed in 2020, bringing the overall total to 15 GW. Globally, this figure is even higher. As part of the UP Initiative’s quarterly theme on ‘Sustainable electricity and corporates’ critical solar role’, pv magazine spoke to Hannah Hunt, Impact Director at RE-Source, a European alliance of stakeholders representing clean energy buyers and suppliers, about how the business model landscape for such purchases is evolving, and the challenges the sector faces, including shortages in renewable energy supply across Europe.

International