Big businesses step up to buy energy from new wind and solar farms (FT)

Big businesses are stepping up to buy power from new wind and solar farms in a boost to the renewables industry as cash-strapped governments come under pressure to cut subsidies. The amount of renewable electricity sold to companies under long-term power purchase agreements (PPAs) rose 35 per cent last year, according to data from BloombergNEF. The biggest increase was in the US, where technology companies have been buying renewable energy to power data centres. Click here to read the full article

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