Powering a Greener Future
Corporate PPAs in 2023
2022 was a transformative year for Corporate PPAs, with
36.7 GW of clean power deals being contracted through Corporate
Power Purchase Agreements (PPAs).1 With the highest
number of deals emerging from the United States, Spain, India,
Bangladesh and mainland China, these jurisdictions paved the way in
embracing the corporate commitment to clean
energy.2
An Overview: The Corporate PPA Landscape in
2022
This year witnessed an impressive surge in Corporate PPA deals,
with more than 160 corporations, across 36 countries announcing
Corporate PPA deals in 2022 – a growth of nearly 18% from
2021. Globally, 148GW of clean power deals have emerged through
Corporate PPAs since 2008.3 This appetite for Corporate
PPAs, evidenced by the past year, has continued to grow throughout
2022 and into 2023. As corporations look to take advantage of a
range of sustainability, economic and reputational benefits, the
rise of
