Businesses bought a record 13.4 GW of energy produced from renewables sources last year, bringing the total since 2008 to more than 32 GW, an industry report from Bloomberg New Energy Finance has revealed. The achievement is certainly impressive: according to the report, titled 1H 2019 Corporate Energy Market Outlook, some 121 companies operating in 21 countries contributed to the increase, which was more than twofold on 2017, when companies bought 6.1 GW of energy produced from renewable sources. Companies in the United States accounted for over 60 percent of the total power purchase agreements for renewable energy in 2018 and tech giants such as Facebook and AT&T spearheaded the buying spree. Facebook alone bought 2.6 GW of the total 8.5 GW of renewable energy U.S. corporations purchased last year. That was a triple increase in 2017, as more and more businesses—not just in the technology sector—pivot to a […]