Amazon becomes ‘world’s largest’ corporate purchaser of renewable energy

The tech giant’s renewable energy investments to date will supply 6.5GW of electricity production capacity – enough to power 1.7 million US homes annually

Festival Net Zero 2021

Amazon has claimed to have become the world’s largest corporate purchaser of renewable energy, with the addition of 26 new utility-scale solar and wind projects to its portfolio.

The new projects have a total electricity production capacity of 3.4GW, bringing the tech giant’s total investment in renewables to 35 projects and more than 4GW in 2020 – claimed to be the largest corporate investment in renewables in a single year.

The latest projects are located in Australia, France, Germany, Italy, South Africa, Sweden, the UK and the US.

The company’s renewable energy investments to date will supply 6.5GW of electricity production capacity – enough to power 1.7 million US homes annually.

The projects will supply renewable energy for Amazon’s corporate offices, fulfilment centres and Amazon Web Services (AWS) data centres as well as advance its goal of reaching net zero carbon emissions across its business by 2040.

Part of the tech giant’s commitment is powering its infrastructure with 100% renewable energy and it is now on a path to achieve the milestone by 2025, five years ahead of the initial 2030 target.

Jeff Bezos, Founder and CEO said: “Amazon is helping fight climate change by moving quickly to power our businesses with renewable energy.

“With a total of 127 solar and wind projects, is now the biggest corporate buyer of renewable energy ever. We are on a path to running 100% of our business on renewable energy by 2025 — five years ahead of our original target of 2030. This is just one of the many steps we’re taking that will help us meet our Climate Pledge. I couldn’t be more proud of all the teams across that continue to work hard, smart, and fast to get these projects up and running.”

 

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