Amazon Announces New Investments in RE in United States, Canada, Europe

Apr 22, 2021 04:49 PM ET
  • Retail gigantic Amazon introduced this week that it was purchasing 9 brand-new utility-scale wind and solar energy projects in the US, Canada as well as Europe, therefore coming to be the largest company buyer of renewable resource in Europe.

The company claimed that with these 9 new projects, it now has 206 renewable energy projects worldwide that can produce 8.5 GW of electrical power to power its business workplaces, gratification centers, Whole Foods Market shops, as well as Amazon Web Services.

"Several parts of our service are already operating renewable resource, as well as we expect to power all of Amazon with renewable resource by 2025, 5 years ahead of our original target of 2030," said Amazon founder as well as CEO Jeff Bezos.

The projects to be established in the US include a 100MW Imperial Valley solar ranch with 70MW of power storage capability in The golden state, the firm's very first mixed solar and storage space project, as well as a 118MW wind project located in Murray County, Oklahoma. Furthermore, three solar energy storage space centers throughout Ohio's Allen, Auglaize, and also Licking counties will additionally be built. The firm has also sought to broaden its grip in the UK renewable resource field by announcing its investment right into a 350 MW wind ranch off the coast of Scotland, which is the biggest corporate renewable resource bargain announced by any type of business in the UK to day. Amazon's Spanish solar projects lie in Extremadura and Andalucia, collectively supplying more than 170MW of tidy energy to the grid. The retail giant's latest endeavor- a 258MW onshore wind project- lies in Sweden.

All these news follow the company's revelation last May concerning its prepare for five utility-scale solar energy projects in Australia, China as well as the United States. Its recent focus on renewable energy owes to its Climate Pledge introduced in 2019 which aims to get to web absolutely no carbon by 2040. Business who authorize the pledge consent to a variety of steps, consisting of frequently reporting greenhouse gas exhausts, implementing decarbonization strategies as well as offseting exhausts. The notaries are greater than 50 in number and the listing boasts of firms like Uber, IBM, Unilever, and so on

"Wall Street, customers, as well as international businesses are all seeing what American business are doing concerning climate modification, and also this kind of leadership can have a significant impact on the climate crisis," claimed Abigail Ross Hopper, head of state and also CEO of the Solar Energy Industries Association.

Although the business got a great deal of flak simply this month for ending 2 workers who criticised its influence on climate change, Bezos states that Amazon remains to scale up its investments in renewable energy as part of its effort to fulfill The Climate Pledge- its dedication to being net-zero carbon by 2040.

Solar Installers, Manufacturers