Corporate PPAs hit record high in 2023, says BloombergNEF
BloombergNEF says in a new report that corporations publicly announced 46 GW of solar and wind power purchase agreements (PPAs) in 2023, up 12% year on year. It says the increase was driven by a surge of activity in Europe.
AirTrunk, ib vogt sign virtual PPA for 29.9 MW of solar in Malaysia
Data center specialist AirTrunk has signed a virtual power purchase agreement (VPPA) under which it will procure energy from a 29.99 MW solar farm that ib vogt is now developing. Construction on the project is set to begin later this year.
Solar sites linked to higher levels of insects
Scientists conducting a five-year research project in the United States have observed a tripling of insect numbers near two solar facilities built on rehabilitated agricultural land. They say the findings show how habitat-friendly solar could help protect insect populations and improve pollination in nearby agricultural fields.
Solar corporate funding hits decade-long high in 2023
PV funding activity increased by 42% year-on-year in 2023, driven by strong growth in private market financing and debt financing, despite a decrease in the total number of deals, according to United States-headquartered consultancy Mercom Capital Group.
