Amazon Takes the Title of Largest Corporate Renewable Energy Buyer in U.S.
Amazon announced a new series of renewable energy projects today, including 11 across the U.S., as well as solar and wind projects in Canada, Finland, and Spain. With today’s announcement, Amazon becomes the largest corporate buyer of renewable energy in the U.S. with more than 6GW of capacity, adding to its similar titles in Europe and Globally.
In total, Amazon’s total renewable energy investments to date have reached 10 GW of electricity production capacity, including 232 renewable energy projects globally, including 85 utility-scale wind and solar projects and 147 solar rooftops on facilities and stores, sufficient to power 2.5 million U.S. homes. The new investments bring Amazon closer to its goal of powering 100% of company activities with renewable energy by 2025, five years ahead of its original 2030 goal.
The new utility-scale projects will supply renewable energy for Amazon’s corporate offices, fulfillment centers, and Amazon Web Services (AWS) data centers.
Amazon has emerged on a leading corporate voice in the fight against climate change. The company, together with climate change-focused organization Global Optimism, is a co-founder of the Climate Pledge, an initiative calling on companies to achieve net zero carbon across their businesses 10 years ahead of the Paris Accord’s 2050 target. Launched in 2019, the pledge has signed on more than 100 major businesses globally, representing more than $1.4 trillion in revenues, all committing to achieve net zero carbon emissions by 2040.
Jeff Bezos, Amazon founder and CEO, said:
“We’re driving hard to fulfill The Climate Pledge—our commitment to reach net-zero carbon by 2040, 10 years ahead of the Paris Agreement. Our investments in wind and solar energy in the U.S. and around the world send a signal that investing in green technologies is the right thing to do for the planet and citizens—as well as for the long-term success of businesses of all sizes across all industries everywhere.”