'Corporate' market for clean energy grows

The trend of companies procuring clean energy to save on their power bills, and to meet their sustainability goals, is intensifying globally, and in India. As many as 15 power purchase agreements for clean energy were signed by companies around the world in April 2018, adding up to more than one gigawatt. The total clean energy procurement by corporates so far in 2018 has reached 3.3 gigawatts. Most of this is in the US, and is for wind.

In India, Mumbai Metro committed to buy 50 megawatts last month from the solar plant to be set up in Dhule district