Tag: Amazon

<strong>Amazon procures record 8.3 GW of clean energy in 2022</strong>

Amazon procures record 8.3 GW of clean energy in 2022

February 2, 2023 |

Amazon has recently announced that in 2022 it grew its renewable energy capacity by 8.3 GW through 133 new projects in 11 countries. This brings Amazon’s total portfolio to more than 20 GW—that could generate the amount of energy to power 5.3 million U.S. homes—across 401 renewable energy projects in 22 countries. With these continued investments, reportedly, Amazon set a new corporate record for the most renewable energy announced by a single company in one year.

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Amazon expands its renewable energy portfolio with firsts in Brazil, India, and Poland

Amazon expands its renewable energy portfolio with firsts in Brazil, India, and Poland

September 22, 2022 |

Amazon has added 71 new renewable energy projects to its portfolio, including its first renewable energy project in South America—a 122 MW solar farm in Brazil—and its first solar farms in India and Poland. In India, Amazon is planning to install three large-scale projects. All three are solar projects in Rajasthan, representing 420 MW of clean energy capacity. Amazon is also expanding its clean energy capacity in North America by 1 GW.

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Amazon invests in US and European green hydrogen companies

Amazon invests in US and European green hydrogen companies

July 22, 2022 |

Amazon recently announced investments in green hydrogen companies through its $2 billion Climate Pledge Fund as part of its attempts to decarbonise its global operations. The most recent investments have been made in Europe’s Sunfire and the US’s Electric Hydrogen, two companies that make electrolysers for producing green hydrogen. Reportedly, Amazon’s $2 billion Climate Pledge Fund aims to invest in forward-thinking companies across a range of sectors.

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Amazon announces 18 renewable energy projects globally

Amazon announces 18 renewable energy projects globally

December 2, 2021 |

Amazon has announced 18 new utility-scale wind and solar energy projects in the United States, Finland, Germany, Italy, Spain, and the United Kingdom, totaling 5.6 GW of capacity procured as of 2021. Amazon, currently has 274 renewable energy projects throughout the world and plans to use renewable energy to power 100 per cent of its commercial operations by 2025, five years ahead of its original 2030 target.

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Amazon announces its first renewable corporate PPA in Japan

Amazon announces its first renewable corporate PPA in Japan

September 9, 2021 |

Amazon has signed a long-term corporate power purchase agreement (corporate PPA) with Mitsubishi Corporation (MC), marking Amazon’s first use of renewable energy in Japan. This corporate PPA has been facilitated by MC Retail Energy Co., Ltd., under which it will provide electricity to Amazon subsidiary Amazon Web Services (AWS), Inc.’s data centres.

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TotalEnergies to supply renewable power to Amazon

TotalEnergies to supply renewable power to Amazon

July 30, 2021 |

TotalEnergies will supply renewable energy to Amazon through power purchase agreements (PPAs) across the United States and Europe, while the internet retail giant will assist TotalEnergies in prolonging its digital transformation as part of strategic collaboration.

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Amazon launches first rooftop solar power plant in UAE

Amazon launches first rooftop solar power plant in UAE

July 1, 2021 |

Amazon has unveiled the first stage in its Middle East and North Africa (MENA) sustainability plan,. The company will be setting up a rooftop solar plant atop its DXB3 fulfilment centre in Dubai, UAE. The rooftop system’s 5,565 panels will generate on-site solar energy to meet 60 per cent of DXB3’s energy needs.

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Amazon to procure power from a 375 MW solar farm in Alberta

Amazon to procure power from a 375 MW solar farm in Alberta

June 25, 2021 |

Amazon has unveiled 14 new renewable energy projects in North America and Europe, including Canada’s largest solar power facility. The facility will be located in Alberta. and is anticipated to begin operations next year. This would be Amazon’s second renewable project in Canada, bringing total generation through both facilities to 1 million MWh per year.

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Growth drivers, constraints and policy implications in the US corporate renewable PPA market

Growth drivers, constraints and policy implications in the US corporate renewable PPA market

April 11, 2021 |

According to publicly available BNEF data, at the end of 2019, the cumulative PPA capacity contracted from renewable energy sources (excluding green tariffs) was approximately 27.2 GW, with higher penetration of wind energy in comparison to solar. The 11.2 GW of additional PPAs signed in 2019 alone represents more than 40 percent of the total corporate-contracted capacity since 2009.

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Amazon announces a 62 MW solar project in Singapore

Amazon announces a 62 MW solar project in Singapore

March 19, 2021 |

Amazon plans to set up a 62 MW ground-mounted solar project in Singapore. This is the company’s first renewable energy project in Singapore and is expected to be completed in 2022. It will be among the largest aggregated movable solar energy projects in the country and will supply power to the national electricity grid.

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