Sealing green power for homes and firms

Indian companies are expanding their clean energy consumption, but tardy progress in rooftop solar is a missed opportunity

Corporations across the world are driving renewable energy installations as they look for cost-competitive power while aspiring to meet their green targets. US firms take the lead for two reasons. “The US has the companies that are most willing to buy renewable power and a market structure that best enables purchases,” said Kyle Harrison, BloombergNEF’s head of sustainability research.

Technology giants Amazon, Facebook-owner Meta, Microsoft and Google are the world’s top buyers of clean power. The most recent power purchase deal signed by Amazon to buy power from an Iberdrola plant last month has pushed its clean energy portfolio beyond