By Mark Segal
Publication Date: 2026-02-23 12:01:00
Big tech dominated the corporate clean energy purchase market over the past year, with Amazon, Meta, Google and Microsoft accounting for around half (49%) of all clean power purchase agreement (PPA) volumes globally in 2025 as they look to meet the energy demands of rapidly growing AI infrastructure, while other corporate buyers pulled back significantly during the year, according to a new report by BloombergNEF (BNEF).
According to the report, BNEF’s 1H 2026 Corporate Energy Market Outlook, global corporate clean PPA volumes fell by 10% in 2025 to 55.9 GW, marking the first decline after 8 consecutive years of growth.
Despite the pullback, however, 2025 still marked the second highest year by volume, more than doubling 2020 levels, and with each major region remaining at or above 2023 levels.
Among the big tech hyperscalers, the report found that Meta edged out Amazon as the largest corporate clean energy offtaker, contracting 10.24 GW…
