Businesses and public agencies are buying more clean energy than ever before.
Companies and agencies, excluding utilities, agreed to buy 7.2 gigawatts of clean energy worldwide so far this year, already shattering the record of 5.4 gigawatts for all of 2017, according to a report Friday from Bloomberg NEF.
The surge comes as communities, nations and companies set clean-power targets, part of a growing global effort to curb climate change. The growth shows that the renewables boom has plenty of room to grow. In some markets, renewable energy is the cheapest source of electricity.