RUS | ENG | All
Enter the email or login, that you used for registration.
If you do not remember your password, simply leave this field blank and you will receive a new, along with a link to activate.

Not registered yet?
Welcome!

2021-04-21 14:10:00

AMAZON RENEWABLE INVESTMENT 1.4 GW

AMAZON RENEWABLE INVESTMENT 1.4 GW

RENEWABLES NOWApril 20  - Amazon.com Inc (NASDAQ:AMZN) on Monday unveiled a bunch of contracts for buying renewable electricity from nine wind and solar projects with a combined capacity of roughly 1.4 GW, to be built in Europe, the US and Canada.

The specific projects include a 350-MW offshore wind farm off the coast of Scotland, which is the e-commerce giant’s largest one in the UK and also the largest corporate renewable energy deal in the country. On the Old Continent, Amazon is also investing in over 170 MW of solar projects in the Spanish regions of Extremadura and Andalucia, while in Sweden, its newest project is a 258-MW onshore wind farm.

A project for a 100-MW solar farm with 70 MW of battery storage capacity has been announced in California’s Imperial Valley. Also in the US, Amazon will be procuring more than 400 MW of solar power from projects in Ohio plus 118 MW from a wind park in Oklahoma.

A first for the company is a project in Canada where it will use electricity from an 80-MW solar park in Alberta. The plant is set to generate over 195,000 MWh of electricity once operational.

“[..] we are now the largest corporate buyer of renewable energy in Europe and globally,” said Jeff Bezos, Amazon’s founder and CEO.

With the latest deals, Amazon has contracts with 206 renewable energy projects globally, including 71 utility-scale wind and solar and 135 rooftop photovoltaic (PV), for supplying its corporate offices, data and fulfilment centres and the Whole Foods Market stores. This corresponds to a total capacity of 8.5 GW, of which more than 2.5 GW is located in Europe alone.

Amazon is pursuing a company-wide goal to use 100% renewable energy by 2025, five years earlier than initially planned. Additionally, it has set a target of reaching net-zero carbon by 2040. The company noted that many parts of its business are already running on renewables power.

-----


Earlier:

AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, April, 20, 13:35:00
GLOBAL ENERGY CO2 +5%
"Global carbon emissions are set to jump by 1.5 billion tonnes this year -- driven by the resurgence of coal use in the power sector. This is a dire warning that the economic recovery from the COVID crisis is currently anything but sustainable for our climate," said Fatih Birol, the IEA's executive director.
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, April, 14, 12:15:00
GLOBAL OIL DEMAND WILL UP BY 6 MBD
In 2021, world oil demand growth is expected to increase by about 6.0 mb/d y-o-y, representing an upward revision of about 0.1 mb/d from last month’s report.
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, April, 7, 10:25:00
GLOBAL GROWTH UP 6%: 2021
Global growth is projected at 6 percent in 2021, moderating to 4.4 percent in 2022.
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, March, 30, 12:10:00
GLOBAL WIND POWER +114 GW
114 GW of new wind capacity was added globally in 2020, representing an 82% increase year-over-year (YoY)
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, March, 16, 12:55:00
GLOBAL ENERGY SYSTEM TRANSFORMATION
The Intergovernmental Panel on Climate Change’s (IPCC’s) Special Report on Global Warming of 1.5°C released in 2018 clearly indicates that a 45% reduction in global greenhouse gas emissions from 2010 levels is required by 2030.
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, March, 3, 12:45:00
GLOBAL CO2 EMISSIONS UPDOWN
After hitting a low in April, global emissions rebounded strongly and rose above 2019 levels in December.
AMAZON RENEWABLE INVESTMENT 1.4 GW
2021, March, 1, 10:50:00
GLOBAL GAS DEMAND WILL UP 50%
Natural gas will overtake coal in 2025 and become the largest global primary energy source by 2047, with oil plateauing around 2040 and then beginning its irreversible decline
All Publications »
Tags: AMAZON, RENEWABLE, INVESTMENT