11 Dec Amazon becomes world’s largest renewable energy purchaser in 26 project splurge
Amazon has announced the acquisition of 3.4GW of renewable energy projects, in a move that will take it past rival tech giant Google as the world’s largest corporate purchaser of clean energy.
Jeff Bezo’s online retail giant said the deals for 26 solar and wind projects will boost its total renewable energy portfolio to 6.5GW. This is compared to Google’s 5.5GW of clean procurement under contract globally.
The new additions are located in Australia, France, Germany, Italy, South Africa, Sweden, the UK, and the US, giving Amazon positions in 127 projects around the world, including 59 utility-scale wind and solar plants.
Notable projects from the new intake include a 250MW offtake agreement from Orsted’s 900MW Borkum Riffgrund 3 German offshore wind farm, and a 129MW wind farm in Scotland that Amazon said will be Britain’s largest corporate renewable power deal to date.
Amazon will use the clean power to cover energy use at its global data centres, warehouses and offices, and it hailed the acquisition spree as a key step in its plans to achieve corporate net-zero emissions status by 2040.
We are on a path to running 100% of our business on renewable energy by 2025, five years ahead of our original target,” said CEO and president Bezos.