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Amazon Sets a New Record for Most Renewable Energy Purchased by a Single Company

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SEATTLE–(BUSINESS WIRE)–Amazon (NASDAQ: AMZN) introduced at this time that in 2022 it would improve its renewable vitality capability by 8.3 gigawatts (GW) via 133 new tasks in 11 international locations. This brings Amazon’s whole portfolio to greater than 20 GW—which is able to generate the quantity of vitality to energy 5.3 million houses within the US—in 401 renewable vitality tasks in 22 international locations. The corporate’s renewable vitality purchases proceed so as to add new wind and photo voltaic tasks to the grids that energy Amazon’s operations, together with Amazon Internet Companies (AWS) information facilities, achievement facilities on Amazon, and bodily shops worldwide.

With this continued funding, Amazon set a brand new company report for probably the most vitality introduced by an organization in a single 12 months. The corporate stays the most important company purchaser of renewable vitality—a place it has held since 2020, based on Bloomberg New Power Finance. Amazon’s continued funding in renewable vitality will assist speed up progress in new areas via new deal buildings, expertise, and cloud options.

These purchases additionally convey Amazon nearer to powering its operations with 100% renewable vitality by 2025—5 years forward of the unique goal of 2030. In 2022, the corporate introduced the brand new tasks in Australia, Canada, Finland, France, Germany, Japan, Poland, Singapore, Spain, and the US, and destroyed in Brazil, India, and Indonesia. With 25 new renewable vitality tasks secured to finish the 12 months, the corporate now has 401 tasks worldwide, together with 164 wind farms and photo voltaic farms, and 237 rooftop photo voltaic Amazon amenities challenge. As soon as operational, Amazon’s world renewable vitality tasks are anticipated to generate 56,881 gigawatt-hours (GWh) of unpolluted vitality yearly.

“As we proceed to launch new renewable vitality tasks around the globe, we’re happy to be on observe to energy our operations with 100% renewable vitality, 5 years forward with our unique goal. With 133 tasks in 11 international locations introduced in 2022, Amazon has one other report 12 months,” stated Adam Selipsky, CEO of AWS. “These tasks promote variety of our renewable vitality sources and demonstrates our means to convey new applied sciences to new markets and additional cut back the results of local weather change.”

Along with the 108 clear vitality tasks the corporate introduced in 2022, Amazon at this time introduced 25 further 2022 clear vitality tasks. These embrace:

  • Eleven new tasks in Europe, together with Finland, Germany, Italy, Spain, and the UK, with a complete of 372 megawatts (MW) of capability. Tapping into the most effective renewable vitality sources on the earth, Amazon continues to extend its portfolio of offshore wind tasks, investing in two new offshore wind tasks in Europe with a complete of 280 MW capability.

  • 4 new tasks in North America, with a complete of 918 MW of vitality in Arizona, California, and Texas. A brand new photo voltaic challenge paired with vitality storage in California permits Amazon to retailer the clear vitality produced by its photo voltaic tasks and distribute it when photo voltaic vitality is just not out there, similar to throughout the evening hours, or in occasions of excessive demand. Additionally in California, Amazon added its first on-site photo voltaic challenge on the Amazon Air Hub, the place workers pack and deal with cargo and conduct planeside operations.

  • Ten new renewable vitality tasks in India, Indonesia, and Japan. In India, a 3rd 200 MW wind-solar hybrid challenge was added to the primary two wind-solar hybrid tasks within the Amazon. Renewable hybrid vitality methods can play an essential function in serving to India speed up the decarbonization of electrical energy era, reducing electrical energy prices within the medium time period. These hybrid vitality methods additionally improve the clear use of vitality on the grid by combining two applied sciences with totally different era profiles, decreasing the variability of renewable era, and bettering stability. on the grid. In Indonesia, Amazon has invested within the first renewable vitality tasks, securing a first-of-its-kind settlement for firms to entry further utility-scale photo voltaic tasks. In Japan, Amazon added three on-site photo voltaic tasks and a brand new 38 MW utility-scale photo voltaic challenge.

The speedy rise of renewable vitality is without doubt one of the handiest methods to fight local weather change. To make sure that organizations’ renewable vitality purchases have the best impression on decreasing emissions, Amazon lately led the creation of the brand new Emissions First coalition. This coalition is main advocacy efforts to modernize the world’s main carbon-accounting customary, serving to to cut back carbon from world electrical energy grids as rapidly and cost-effectively as doable.

“Amazon’s clear vitality portfolio would not simply high company charts — it is now one of many world’s main utilities, too,” stated Kyle Harrison, head of sustainability analysis at Bloomberg Information. Power Finance. “The truth that it heralds a brand new annual clear vitality report in a 12 months that has been crushed by a worldwide vitality disaster, provide chain bottlenecks and excessive rates of interest speaks to planning and ability to navigate electrical energy markets and execute long-term contracts.”

“Amid uncertainty within the 2022 market, Amazon is main clear vitality patrons and doubling down on its dedication to renewable vitality,” stated Miranda Ballentine, CEO of the Clear Power Patrons Affiliation (CEBA). “Amazon’s dedication to decarbonization is demonstrated by its main placement in CEBA’s Deal Tracker High 10, inside our member group, and on a worldwide scale.”

“As Asia continues to transition away from coal and gasoline, these investments by Amazon in wind and photo voltaic are additional proof that there’s a giant and rising demand for renewable electrical energy on this area. We stay up for persevering with to work with Amazon and our different ACEC members to quickly improve the availability of renewables and to realize our shared 100% renewable regional ambitions,” stated Sam Kimmins, director of vitality on the Local weather Group and Asia Clear Power Coalition (ACEC) spokesperson.

Amazon established The Local weather Pledge in 2019, committing to succeed in net-zero carbon by 2040—10 years forward of the Paris Settlement. The Pledge now has practically 400 signatories, together with Greatest Purchase, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and Visa. Amazon continues to remodel its transportation community, together with electrifying its supply fleet and discovering options to fossil fuels—it presently has hundreds of electrical supply automobiles from Rivian in additional than 100 cities. and US area, greater than 3,000 electrical vans ship packages to clients. in Europe, and several other electrical automobile partnerships in APAC. The corporate has additionally invested $2 billion in growing decarbonizing companies and options via The Local weather Pledge Fund. For extra data, go to https://sustainability.aboutamazon.com/.

About Amazon

Amazon is guided by 4 ideas: buyer obsession as a substitute of competitor focus, ardour for invention, dedication to operational excellence, and long-term considering. Amazon strives to be the Most Buyer-Centric Firm on Earth, the Greatest Employer on Earth, and the Most secure Place to Work on Earth. Buyer critiques, 1-Click on procuring, customized suggestions, Prime, Success by Amazon, AWS, Kindle Direct Publishing, Kindle, Profession Alternative, Hearth tablets, Hearth TV, Amazon Echo, Alexa, Simply Stroll Out expertise, Amazon Studios , and The Local weather Pledge are among the issues Amazon has pioneered. For extra data, go to amazon.com/about and observe @AmazonNews.

About Amazon Internet Companies

Since 2006, Amazon Internet Companies has been probably the most complete and broadly adopted cloud on the earth. AWS continues to increase its companies to assist virtually any workload, and it now has greater than 200 absolutely featured companies for computing, storage, database, networking, analytics, studying machine and synthetic intelligence (AI), Web of Issues (IoT), cellular, safety, hybrid, digital and augmented actuality (VR and AR), media, and utility growth, deployment, and administration from 99 Availability Zones inside in 31 geographic areas, with introduced plans for 12 extra Availability Zones and 4 extra AWS Areas in Canada, Israel, New Zealand, and Thailand. Thousands and thousands of shoppers—together with the fastest-growing startups, largest enterprises, and main authorities companies—belief AWS to energy their infrastructure, grow to be extra agile, and decrease prices. To study extra about AWS, go to aws.amazon.com.



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