New Wind and Solar Investments Catapult Amazon to World’s Largest Corporate Purchaser of Renewable Energy
Amazon is set to become the world’s largest corporate purchaser of renewable energy, with a new announcement today of 26 new utility-scale wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity. According to Amazon, the company has invested in 6.5 GW of wind and solar projects, with the capacity to generate enough renewable energy to power 1.7 million U.S. homes for one year.
The new announcement brings the company’s total renewable energy projects in 2020 to more than 4 GW of capacity, the largest corporate investment in renewable energy in a single year.
The new wind and solar projects include the company’s first in France, Germany, Italy and South Africa, and also include projects in Australia, Sweden, the U.K., and the U.S. Amazon now has a total of 127 renewable energy projects globally, including 59 utility-scale wind and solar renewable energy projects and 68 solar rooftops on fulfillment centers and sort centers around the globe.
Amazon’s renewable energy investments will supply renewable energy for the company’s corporate offices, fulfillment centers, and Amazon Web Services (AWS) data centers. The company announced that it is now on track to power its infrastructure with 100% renewable energy by 2025, five years ahead of the company’s 2030 target. This goal is part of the company’s commitment to reach net-zero carbon emissions across its business by 2040.
Jeff Bezos, Amazon 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, Amazon 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 Amazon that continue to work hard, smart, and fast to get these projects up and running.”