- Amazon is the world’s largest corporate buyer of renewable energy.
- The company has acquired 37 new renewable energy projects.
Amazon is progressively scaling its renewable energy investments with 37 new clean energy projects worldwide. The utility plans to fully power its operations with renewable energy by 2025. These newly acquired projects have increased the capacity of Amazon’s renewable energy portfolio by almost 30%, from 12.2GW to 15.7GW. This sums the total number of renewable energy projects to 310 across 19 countries.
The additional 3.5GW of clean energy capacity from these new projects expands Amazon’s leadership position as the world’s largest corporate buyer of renewable energy. It advances its efforts to meet The Climate Pledge, a commitment to be net-zero carbon by 2040—10 years ahead of the Paris Agreement.
“Our commitment to protecting the planet and limiting Amazon’s impact on the environment has led us to become the largest corporate buyer of renewable energy in the world in both 2020 and 2021. Given the growth of our business, and our mission to run 100% of Amazon’s operations on renewable energy, we aren’t slowing our renewable investments down,” Andy Jassy, CEO of Amazon, said.
The 37 new projects are located across the U.S., Spain, France, Australia, Canada, India, Japan, and the United Arab Emirates. They vary in project type and size, with three new wind farms, 26 new solar farms, and eight new rooftop solar installations at company buildings around the world.