Growing interest from major companies in using green electricity will play a major part in the EU reaching its goal of getting 32% of the energy it uses from renewable sources by 2030, an alliance of multinational firms and the wind and solar power industry said on Wednesday.
The RE-Source platform – supported by the European Commission and including multinationals such as Ikea, Danone, Amazon and Microsoft – aims to promote the use of power purchase agreements (PPA's) to provide revenue for renewable energy firms and allow corporates to bolster their green credentials.
Please enter your details
Not a subscriber?
Take a free trial now to discover the critical insights and updates our coverage offers subscribers.