June 24, 2021 Read More →

Amazon primes company for rapid shift to renewables

S&P Global Market Intelligence ($)

Amazon.com Inc. announced a new wave of contracts to buy electricity from 14 new renewable energy projects in the U.S., Canada, Finland and Spain in a bid to advance its goal to power 100% of the company’s activities with renewable energy by 2025, five years ahead of its original target of 2030.

The utility-scale solar and wind projects will supply power to Amazon’s corporate offices, fulfillment centers and Amazon Web Services data centers, the company said in a June 23 news release. The move would also bring its renewable energy investments to 10 GW, up from the 8.5 GW announced in April, when the company signed a number of wind and solar contracts in North America and Europe.

Of the 14 projects, 11 will be located in the U.S. and will include Amazon’s first solar projects in Arkansas, just west of Memphis, Tenn., Mississippi and Pennsylvania, as well as additional projects in Illinois, Kentucky, Indiana and Ohio. Amazon said it enabled more than 6 GW of renewable power in the U.S. through 54 projects.

In Canada, Amazon will purchase the output of a 375-MW solar project which will be located in Vulcan County, Alberta. The project — said by Amazon to be the largest in Canada — is expected to come online in 2022 and will bring Amazon’s Canadian capacity to more than 1 million MWh, which would be enough to power 100,000 Canadian homes.

[Stephen Cedric Jumchai]

More: Amazon to buy power from 14 new renewable energy projects in 4 countries

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