{"id":478082,"date":"2021-04-19T09:03:35","date_gmt":"2021-04-19T13:03:35","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-invests-in-nine-new-renewable-energy-projects-in-canada-the-u-s-spain-sweden-and-the-uk-and-becomes-europes-largest-corporate-buyer-of-renewable-energy\/"},"modified":"2021-04-19T09:03:35","modified_gmt":"2021-04-19T13:03:35","slug":"amazon-invests-in-nine-new-renewable-energy-projects-in-canada-the-u-s-spain-sweden-and-the-uk-and-becomes-europes-largest-corporate-buyer-of-renewable-energy","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-invests-in-nine-new-renewable-energy-projects-in-canada-the-u-s-spain-sweden-and-the-uk-and-becomes-europes-largest-corporate-buyer-of-renewable-energy\/","title":{"rendered":"Amazon Invests in Nine New Renewable Energy Projects in Canada, the U.S., Spain, Sweden, and the UK and Becomes Europe\u2019s Largest Corporate Buyer of Renewable Energy"},"content":{"rendered":"

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Amazon Invests in Nine New Renewable Energy Projects in Canada, the U.S., Spain, Sweden, and the UK and Becomes Europe\u2019s Largest Corporate Buyer of Renewable Energy<\/b><\/p>\n

Amazon is now the largest corporate buyer of renewable energy globally and in Europe with 206 projects around the world, enough to power millions of homes a year<\/i><\/p>\n

With more than 2.5 GW of capacity in Europe, and 8.5 GW of renewable energy capacity globally, Amazon is on a path to 100% renewable energy by 2025<\/i><\/p>\n

SEATTLE–(BUSINESS WIRE<\/a>)–
\nAmazon (NASDAQ: AMZN) today announced nine new utility-scale wind and solar energy projects in the U.S., Canada, Spain, Sweden, and the UK. The company now has 206 renewable energy projects globally, including 71 utility-scale wind and solar projects and 135 solar rooftops on facilities and stores worldwide, which will generate 8.5 GW of electricity production capacity globally. With this latest announcement, Amazon is now the largest corporate purchaser of renewable energy in Europe, with more than 2.5 GW of renewable energy capacity, enough to power more than two million European homes a year.\n<\/p>\n

\nThese projects supply renewable energy to Amazon\u2019s corporate offices, fulfillment centers, Whole Foods Market stores, and Amazon Web Services (AWS) data centers, which power Amazon and millions of AWS customers globally. The renewable energy from these projects also helps Amazon meet its commitment<\/a> to produce the clean energy equivalent to the electricity used by all consumer Echo devices. All of these projects put Amazon on a path to power 100% of its activities with renewable energy by 2025\u2014five years ahead of the original target of 2030. Investing in renewable energy is one of the many actions Amazon is taking as part of The Climate Pledge, a commitment to be net-zero carbon by 2040, 10 years ahead of the Paris Agreement.\n<\/p>\n

\n\u201cAmazon continues to scale up its investments in renewable energy as part of its effort to meet The Climate Pledge, our commitment to be net-zero carbon by 2040,\u201d said Jeff Bezos, Amazon founder and CEO. \u201cWith these nine new wind and solar projects, we have announced 206 renewable wind and solar projects worldwide, and we are now the largest corporate buyer of renewable energy in Europe and globally. Many parts of our business are already operating on renewable energy, and we expect to power all of Amazon with renewable energy by 2025\u2014five years ahead of our original target of 2030.\u201d\n<\/p>\n

\nThe nine new wind and solar projects announced today in the U.S., Canada, Spain, Sweden, and the UK include:\n<\/p>\n