Amazon is now the biggest company purchaser of renewable vitality

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Amazon announced 26 new utility-scale solar and wind energy projects with a total power generation capacity of 3.4 GW. This means that a total of 35 projects and more than 4 GW were invested in renewable energies in 2020 – the largest corporate investment in renewable energies in a single year.

Amazon has now invested in 6.5 GW solar and wind projects that allow the company to supply its operations with more than 18 million MWh of renewable energy annually. This is enough to supply 1.7 million US households with electricity for one year. These projects will deliver renewable energy to Amazon Web Services (AWS) corporate offices, fulfillment centers, and data centers that serve millions of customers worldwide.

They will also help advance Amazon’s goal of zero carbon emissions across its business by 2040. Part of that commitment is to keep Amazon’s infrastructure powered by 100% renewable energy.

“Amazon is helping fight climate change by providing our businesses with rapid renewable energy,” said Jeff Bezos, founder and CEO of Amazon. “With a total of 127 solar and wind projects, Amazon is the largest corporate consumer of renewable energies today. We are on track to have 100% of our business with renewable energy by 2025 – five years ahead of our original 2030 target. This is just one of the many steps we are taking to deliver on our climate promise. ‘I couldn’t be more proud of all of the teams at Amazon who continue to work hard, smart, and fast to get these projects up and running. “

The 26 new renewable energy projects are located in Australia, France, Germany, Italy, South Africa, Sweden, the UK and the USA. In the United States, Amazon has now enabled wind and solar projects in California, Delaware, Illinois, Indiana, Kansas, Kentucky, Nebraska, North Carolina, Ohio, Texas, and Virginia. Amazon has a total of 127 renewable energy projects worldwide, including 59 utility-scale wind and solar renewable energy projects and 68 solar rooftops in fulfillment and sorting centers around the world.

“Private sector investment is essential to scale renewable energies at the pace needed to advance global climate action,” said Miranda Ballentine, CEO of the Renewable Energy Buyers Alliance. “The US-based projects alone make Amazon’s announcement 270% larger than the largest single-customer business sourcing announcement to date, demonstrating the company’s leadership and commitment to a clean and successful energy future.”

ACCIONA will provide Amazon in the US with clean energy and generate an electricity production of 641 MW. ACCIONA will build four new PV systems in Illinois, Kentucky and Ohio with a total capacity of 889 MW and invest nearly $ 1 billion over the next four years to support Amazon’s operations with a long-term power purchase agreement (PPA) to develop them new projects.

These new assets are part of ACCIONA’s growth strategy to install 5 GW of new renewable capacity globally between 2020 and 2024. The company currently has a total installed capacity of over 10.5 GW in 16 countries.

“These four new projects with ACCIONA help us achieve our goal of running our operations with 100% renewable energy,” said Nat Sahlstrom, Director of Amazon Energy. “With the extensive ACCIONA projects, we can feed more than 640 MW of renewable electricity into the grid. Our drive for more renewable energy is another step towards our goal of net zero carbon emissions by 2040 as part of Amazon’s commitment to The Climate Pledge. “

ENGIE announces several contracts with Amazon for the purchase of energy for a global portfolio of renewable energies with wind and solar projects in the USA, Italy and France with a total output of 650 MW. These Corporate Power Purchase Agreements (PPAs) are based exclusively on systems developed by ENGIE for the generation of renewable energy. For ENGIE, this operation is the largest portfolio of agreements signed simultaneously with a single counterparty.

In the US, Amazon’s new renewable energy solar and wind projects with ENGIE represent 569 MW in Delaware, Kansas, North Carolina, Ohio and Virginia. They will supply Amazon with around 1,850 GWh of electricity and the associated credits for renewable energies every year. During construction, ENGIE will create approximately 300 jobs in each wind turbine and 210 jobs in each solar system. The projects are expected to operate commercially from 2021 to 2022.

“On behalf of the renewable sector, we applaud Amazon for its unprecedented contribution to the move to renewable energy this year. With an impressive 35 major new renewable projects in 2020, Amazon deserves tremendous recognition for its leadership in the global transition to renewable energy. Sourcing more than 4,000 MW of new renewable energy in a single year is an incredible feat and a huge step forward towards Amazon’s goal of 100% renewable energy. We are grateful to Amazon for their efforts to help us stay within reach of the greenhouse gas emissions reductions that scientists believe are necessary to avoid the worst effects of climate change, “said Gregory Wetstone, President and CEO of American Council on Renewable Energy.

Last year, Amazon and Global Optimism jointly founded The Climate Pledge, a commitment to achieve the Paris Agreement 10 years early and be carbon free by 2040. The pledge now has 31 signatories including Unilever, Verizon, Siemens, Microsoft and Best Buy.

To meet its goal, Amazon will continue to reduce emissions across its operations by establishing a path to run its operations on 100% renewable energy five years ahead of the company’s original 2030 target; Delivering the “Consignment Zero” vision to have all shipments with a net zero carbon content of 50% by 2030; and purchase of 100,000 electric delivery vehicles.

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