Amazon announced that it was the largest corporate purchaser of renewable energy globally in 2024, citing Bloomberg NEF data, and marking the company’s fifth consecutive year in that position.

The company said that it has now supported more than 600 wind and solar projects, up from around 500 in the prior year, with the projects anticipated to generate energy equivalent to powering 8.3 million U.S. homes.

The new achievement follows the recent announcement by Amazon that it had reached its goal to power its global operations with 100% renewable energy, 7 years ahead of its initial target. Amazon first announced its clean energy goal in 2019, pledging to match all of the electricity consumed across its global operations, including data centers, corporate buildings, stores and fulfillment centers, with 100% renewable energy by 2030. At the time, the company was at 42% renewable energy.

In addition to supporting its goal to match electricity used by its operations with clean energy production, Amazon noted some of the key objectives for its renewable energy program, including placing projects on grids that rely heavily on carbon-intensive energy sources, in order to enable a greater impact. Amazon stated that it has invested in more than 40 utility-scale solar and wind projects across jurisdictions with a mix of fossil fuel use and high emissions, such as Australia, China, Greece, India, Indonesia, Poland, and South Africa, and in U.S. states including Louisiana and Mississippi.

The company also said that it has accelerated support for energy storage and energy firming technologies that help enable clean energy use despite the intermittent characteristics of sources such as wind and solar,               noting recent investments in solar and battery storage projects, as well as its recent nuclear energy agreements.

Amazon Chief Sustainability Officer Kara Hurst said:

“Amazon isn’t just the top corporate purchaser of solar and wind, we’re also prioritizing projects in the locations where they can have the biggest impact on curbing emissions and improving the local environment. When it comes to addressing climate change, speed and location matter. From collaborating on new energy policies, to accelerating renewables in underserved regions, Amazon is working to help decarbonize grids around the world as quickly as possible.”