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Data: Renewable Energy Buyers Alliance; Chart: Axios Visuals

Large companies' procurement deals for new renewable power capacity in the U.S. jumped last year to their highest level at 10.6 gigawatts, the Renewable Energy Buyers Alliance (REBA) said.

Why it matters: Big corporations have emerged as an important driver of new solar and wind power projects as costs have fallen and they look to meet sustainability pledges.

The 10.6 GW in REBA's database of large buyers' deals is about 13% higher than 2019 and far above the 1.5 GW of annual procurement in 2016.

Driving the news: Amazon was the biggest contractor of new capacity last year at roughly 3.2 GW, with the rest of the top 10 seen in the chart above. Overall, 35 corporate buyers announced 98 deals last year, REBA said.

How it works: While the trend is upward over the years, the company-by-company activity levels move around.

  • In 2019, Facebook was the top U.S. dealmaker, followed by AT&T.
  • Overall, the tech industry has been a major player in this arena.

Of note: The REBA data tracks procurement from off-site, utility-scale projects and onsite developments over 20 megawatts.

It captures various kinds of deals, including power purchase agreements, direct ownership, and tax equity investments.

Go deeper:

Go deeper

19 mins ago - World

Myanmar military fires UN ambassador after anti-coup speech

Photo: Peerapon Boonyakiat/SOPA Images/LightRocket via Getty Images

Myanmar's military regime on Saturday fired the country's Ambassador to the United Nations, Kyaw Moe Tun, a day after he gave a pro-democracy speech asking UN member nations to publicly condemn the Feb. 1 coup, The New York Times reports.

Details: State television said the ambassador had "betrayed the country and spoken for an unofficial organization which doesn’t represent the country and had abused the power and responsibilities of an ambassador."

Scoop: Biden admin call on Putin pipeline provokes GOP anger

Putin chairs a video meeting in July 2020. Photo: Alexei Druzhinin/Sputnik/AFP via Getty Images

A briefing between the State Department and congressional staff over Vladimir Putin's Russia-Germany gas pipeline got tense this week, with Biden officials deflecting questions about why they hadn't moved faster and more aggressively with sanctions to stop its completion.

  • The Biden officials also denied negotiating with the Germans over a potential side deal to allow the pipeline to be finished.
Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Annelise Capossela/Axios

  1. Health: Biden: It's "not the time to relax" COVID mitigation efforts — Tracking coronavirus variants through sewage.
  2. Vaccine: FDA advisory panel endorses J&J COVID vaccine for emergency use — About 20% of U.S. adults have received first vaccine dose, White House says — New data reignites the debate over coronavirus vaccine strategy.
  3. Economy: What's really going on with the labor market.
  4. Local: All adult Minnesotans will likely be eligible for COVID-19 vaccine by summer — Another wealthy Florida community receives special access to COVID-19 vaccine.
  5. Sports: Poll weighs impact of athlete vaccination.
  6. World: Brazil's capital enters 24-hour lockdown as coronavirus cases surge.

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