Amazon Becomes Largest Corporate Buyer of RE - Smart Energy Decisions

Solar, Sourcing Renewables, Wind  -  April 21, 2022

Amazon Adds 37 Renewable Energy Projects

Amazon announced 37 new renewable energy projects globally, marking progress on its path to power 100% of its operations with renewable energy by 2025, which is five years ahead of the original target of 2030. 

The new projects increase the capacity of Amazon’s renewable energy portfolio by nearly 30%, from 12.2 GW to 15.7 GW and bring the total number of renewable energy projects to 310 across 19 countries. The additional 3.5 GW of clean energy capacity from these new projects extends Amazon’s position as the world’s largest corporate buyer of renewable energy and advances its efforts to meet The Climate Pledge, a commitment to be net zero carbon by 2040 or 10 years ahead of the Paris Agreement.

The 37 new projects are located across the U.S., Spain, France, Australia, Canada, India, Japan, and the United Arab Emirates. The projects include three new wind farms, 26 new solar farms and eight new rooftop solar installations at its buildings around the world. Amazon now has a total of 310 renewable energy projects, including 134 wind and solar farms and 176 rooftop solar projects, which are expected to produce 42,000 GWh of renewable energy and help avoid 17.3 million metric tons of carbon emissions annually.

“Our commitment to protecting the planet and limiting Amazon’s impact on the environment has led us to become the largest corporate buyer of renewable energy in the world in both 2020 and 2021. Given the growth of our business, and our mission to run 100% of Amazon’s operations on renewable energy, we aren’t slowing our renewable investments down,” said Andy Jassy, CEO of Amazon, in a statement

Amazon also continues to invest in renewable energy projects paired with energy storage. The energy storage systems allow Amazon to store clean energy produced by its solar projects and deploy it when solar energy is not available.

Tags: Amazon

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