A photo of the Race Bank offshore wind farm with one wind turbine rotor close up

Build it, or buy it – Offshore wind CPPAs on the rise, ‘powered by renewables’ gains momentum

Is climate change pushing the corporate world to use as much renewable energy as possible? Or, is it because of financial reasons, such as long-term fixed prices? Or, is it „the brand kudos that comes with procuring energy from renewable sources“, as one recent report mentioned? If we are now moving faster toward a greener, cleaner world, the motivation is perhaps not even that important. One thing is for sure, more and more power purchasing contracts are being signed in renewable energy lately.

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