After recently joining the rest of Australia’s supermarket chains by pledging to be 100% powered by renewables by 2025, Coles today announced it had signed power purchasing agreements with both Engie and Neoen.
Corporations contracted a record amount of wind and solar energy through power purchase agreements in 2019, up more than 40% from the previous year’s record, says a new report from BloombergNEF. The bulk of this purchasing occurred in the U.S. with tech companies and oil and gas majors leading the charge. In Australia, onsite solar projects delivering power to corporations nearly doubled to 1GW.
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