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Corporate renewable energy sourcing: driving global decarbonisation efforts By Dr. Mercè Labordena, Milena Koot May 3, 2021 The Divisa solar farm brought forward by Solarcentury. Image: Solarcentury/Statkraft. In 2020, corporate PPA announcements in Europe broke records despite the COVID-19 pandemic, with solar accounting for almost half of all PPA capacity contracted, which is significantly more than in previous years, demonstrating the rapid growth in the popularity of solar corporate PPAs in Europe. This article explores the corporate appetite for renewables, how their demand might outpace supply, and what we should do about this as a sector and in policy. More technically, we will look at how PPAs have evolved over time and the variety of contracts now on offer. We will also consider how PPAs have been streamlined; for example, through the EFET template contract. Overall, this article finds that the corporate appetite for renewable PPAs is insatiable at the moment, and with

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