S&P Global Market Intelligence reported that corporate clean energy purchases in the US have surged to nearly 120 GW, driven by the growing energy demands of AI datacenters. Over the past year, corporations contracted an additional 48 GW of clean energy capacity, with the technology and web services sector accounting for 92% of the new additions.

Nuclear energy played a significant role, making up 43% of the 47.6-GW year-over-year increase. Corporate buyers also secured nearly 14 GW of solar capacity, compared to just 2.2 GW of wind capacity. Texas remained the leading state in corporate-tied clean energy capacity, while Missouri, Pennsylvania, and North Dakota saw the largest annual increases.

Tech companies led the shift toward nuclear power, aiming to support their clean energy commitments. Microsoft and Brookfield Renewable announced a historic 10.5-GW renewable deal in May 2024, while Switch partnered with nuclear startup Oklo for 12 GW of nuclear energy. In total, over 20 GW of nuclear deals were announced in 2024, though most of this capacity is expected to come online after 2030.

Despite the rise in nuclear investments, solar remains the preferred choice for corporate clean energy procurement, accounting for 49.1% of tracked capacity, with wind representing 23.9%.