Amazon Announces Nine New Clean Energy Projects within North America, Spain, Sweden, Canada and the UK | Amazon Announces Nine New Clean Energy Projects within North America, Spain, Sweden, Canada and the UKFinancial Buzz

Amazon Announces Nine New Clean Energy Projects within North America, Spain, Sweden, Canada and the UK

Amazon.com, Inc. (NASDAQ: AMZN) has reported nine new utility scale wind and solar energy projects within the United States, Canada, Sweden, Spain and the United Kingdom. Amazon has 206 renewable energy projects on a global scale, including 71 utility scale wind and solar projects and 135 solar rooftops on facilities and stores worldwide.  This will generate 8.5 GW of electricity production globally.  These energy projects supply renewable energy to Amazon’s corporate offices, fulfillment enters, Whole Foods Market stores, AWS data centers and millions of AWS customers globally. 

These projects allow Amazon to meet its commitment to produce clean energy equivalent to the electricity used by all consumer Echo devices as this paves the way for 100% power to be fueled by renewable energy by 2025.  This could possibly occur five years ahead of the company’s original target date at 2030.   “Amazon continues to scale up its investments in renewable energy as part of its effort to meet The Climate Pledge, our commitment to be net-zero carbon by 2040,” said Jeff Bezos, Amazon founder and CEO. “With these nine new wind and solar projects, we have announced 206 renewable wind and solar projects worldwide, and we are now the largest corporate buyer of renewable energy in Europe and globally. Many parts of our business are already operating on renewable energy, and we expect to power all of Amazon with renewable energy by 2025—five years ahead of our original target of 2030.” “Amazon is a leader in renewable energy buying and is continuously changing the market through continuous innovation and investments in renewable energy. We are thrilled to see Amazon’s latest commitments around the world including in Spain, Sweden, and the UK. Long-term investments like these are crucial to companies moving closer to climate neutrality,” said Hannah Hunt, Impact Director, RE-Source, a corporate renewable energy sourcing platform in Europe.

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