{"id":505689,"date":"2021-06-23T06:03:45","date_gmt":"2021-06-23T10:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s\/"},"modified":"2021-06-23T06:03:45","modified_gmt":"2021-06-23T10:03:45","slug":"amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s\/","title":{"rendered":"Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S."},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }\n.bwlistdisc { list-style-type: disc }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S.<\/b><\/p>\n<p class=\"bwalignc\"><i>Amazon is already the largest corporate buyer of renewable energy in Europe and globally, with 232 projects around the world, enough to power 2.5 million U.S. homes<\/i><\/p>\n<p class=\"bwalignc\"><i>Amazon reaches 10 gigawatts of renewable energy capacity and advances its commitment to decarbonizing its business operations and reaching net-zero carbon by 2040 <\/i><\/p>\n<p>SEATTLE&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<br \/>\nAmazon (NASDAQ: AMZN) today announced 14 new renewable energy projects in the U.S., Canada, Finland, and Spain to advance its ambitious goal to power 100% of company activities with renewable energy by 2025\u2014five years ahead of the original target of 2030. The new projects bring Amazon\u2019s total renewable energy investments to date to 10 gigawatts (GW) of electricity production capacity\u2014enough to power 2.5<i \/>million U.S. homes. Amazon is now the largest corporate buyer of renewable energy in the U.S. and the world.\n<\/p>\n<p>\nThe latest utility-scale solar and wind projects will supply renewable energy for Amazon\u2019s corporate offices, fulfillment centers, and Amazon Web Services (AWS) data centers that support millions of customers globally. These projects will also help Amazon meet its <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.aboutamazon.com%2Fnews%2Fdevices%2Fintroducing-our-most-sustainable-devices-ever&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=commitment&amp;index=1&amp;md5=73f9b545429e6734e911c75d63b379a0\">commitment<\/a> to produce enough renewable energy to cover the electricity used by all Echo devices in use. These new projects support hundreds of jobs while providing hundreds of millions of dollars of investment in local communities.\n<\/p>\n<p>\n\u201cWe\u2019re driving hard to fulfill The Climate Pledge\u2014our commitment to reach net-zero carbon by 2040, 10 years ahead of the Paris Agreement,\u201d said Jeff Bezos, Amazon founder and CEO. \u201cOur 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\u2014as well as for the long-term success of businesses of all sizes across all industries everywhere.\u201d\n<\/p>\n<p>\nAmazon will now have a total of 232 renewable energy projects globally, including 85 utility-scale wind and solar projects and 147 solar rooftops on facilities and stores worldwide. The 14 new wind and solar projects in the U.S., Canada, Finland, and Spain include:\n<\/p>\n<ul class=\"bwlistdisc\">\n<li><b>New projects across the U.S.: <\/b>The 11 U.S.-based projects announced today include Amazon\u2019s first solar projects in Arkansas, Mississippi, and Pennsylvania, and additional projects in Illinois, Kentucky, Indiana, and Ohio. In total, Amazon has enabled more than 6 GW of renewable energy in the U.S. through 54 projects.\n<\/li>\n<li><b>Our largest renewable energy project in Canada: <\/b>Amazon\u2019s second renewable energy project in Alberta is a 375-megawatt (MW) solar farm\u2014which is also the largest in the country. When it comes online in 2022, the solar farm will bring Amazon\u2019s capacity in Canada to more than 1 million megawatt hours (MWh), enough to power more than 100,000 Canadian homes.\n<\/li>\n<li><b>Our first renewable energy project in Finland: <\/b>Amazon\u2019s first project in Finland is a 52-MW wind farm located near the country\u2019s west coast. The project is expected to begin producing energy in 2022.\n<\/li>\n<li><b>Additional investments in Spain: <\/b>Amazon\u2019s fifth solar project in Spain will generate 152 MW when it begins contributing power to the grid in 2023, bringing total capacity in the country to more than 520 MW.\n<\/li>\n<\/ul>\n<p>\nTo see Amazon\u2019s renewable energy projects around the world, visit our <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsustainability.aboutamazon.com%2Fabout%2Faround-the-globe%3FenergyType%3Dtrue&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=interactive+map&amp;index=2&amp;md5=256c03a15e29a797fd70facf00ee0a0c\">interactive map<\/a>.\n<\/p>\n<p>\n\u201cAmazon\u2019s commitment to clean energy is highly commendable, and it is the type of investment that we need to see more of to meet the world\u2019s critical energy and climate needs,\u201d said Abigail Ross Hopper, president and CEO of the Solar Energy Industries Association (SEIA). \u201cIt is becoming increasingly clear that corporations such as Amazon see solar and other renewable resources as the path forward to meet their energy and business needs, and we stand ready to support Amazon and other companies of all sizes in their decisions to go solar.\u201d\n<\/p>\n<p>\n\u201cA new level of ambition across the private sector is necessary to accelerate decarbonization of the power system. Amazon\u2019s leadership in investing and adopting renewable energy around the world paves the way for new innovation, and the ability to scale at the pace needed to address the real threats to the planet, people, and businesses posed by climate change,\u201d said Miranda Ballentine, CEO of Renewable Energy Buyers Alliance (REBA).\n<\/p>\n<p>\n\u201cWith an impressive 10 gigawatts of renewable energy capacity now in its portfolio, and a path to reach its 100% renewable energy target five years ahead of schedule, Amazon continues to walk the walk when it comes to corporate clean energy leadership,\u201d said Gregory Wetstone, president and CEO of the American Council on Renewable Energy (ACORE). \u201cThe renewable projects the company announced today will provide communities with good-paying jobs and the affordable, pollution-free power we need to combat the climate crisis.\u201d\n<\/p>\n<p>\nAmazon and Global Optimism co-founded The Climate Pledge in 2019, a commitment to reach the Paris Agreement 10 years early and be net-zero carbon by 2040. The Pledge now has 108 signatories, including IBM, Unilever, PepsiCo, Visa, Verizon, Siemens, Microsoft, and Best Buy. To reach its goal, Amazon will continue to reduce emissions across its operations by taking real business actions and establishing a path to power its operations with 100% renewable energy, five years ahead of the company\u2019s original target of 2030; delivering its Shipment Zero vision to make all shipments net-zero carbon, with 50% net-zero carbon by 2030; purchasing 100,000 electric delivery vehicles, the largest order ever of electric delivery vehicles; and by investing $2 billion in the development of decarbonizing services and solutions through the Climate Pledge Fund. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fsustainability.aboutamazon.com%2F&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=https%3A%2F%2Fsustainability.aboutamazon.com%2F&amp;index=3&amp;md5=2b744fcb99ddf8cef41e9714a87dc76c\">https:\/\/sustainability.aboutamazon.com\/<\/a>.\n<\/p>\n<p><b>About Amazon <\/b><\/p>\n<p>\nAmazon is guided by four principles: customer obsession rather than competitor focus, passion for invention, commitment to operational excellence, and long-term thinking. Amazon strives to be Earth\u2019s Most Customer-Centric Company, Earth\u2019s Best Employer, and Earth\u2019s Safest Place to Work. Customer reviews, 1-Click shopping, personalized recommendations, Prime, Fulfillment by Amazon, AWS, Kindle Direct Publishing, Kindle, Career Choice, Fire tablets, Fire TV, Amazon Echo, Alexa, Just Walk Out technology, Amazon Studios, and The Climate Pledge are some of the things pioneered by Amazon. For more information, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Famazon.com%2Fabout&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=amazon.com%2Fabout&amp;index=4&amp;md5=3a2bdcf150b166bb19427155b5c2ee77\">amazon.com\/about<\/a> and follow @AmazonNews.\n<\/p>\n<p><b>About Amazon Web Services<\/b><\/p>\n<p>\nFor 15 years, Amazon Web Services has been the world\u2019s most comprehensive and broadly adopted cloud platform. AWS has been continually expanding its services to support virtually any cloud workload, and it now has more than 200 fully featured services for compute, storage, databases, networking, analytics, machine learning and artificial intelligence (AI), Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management from 81 Availability Zones (AZs) within 25 geographic regions, with announced plans for 21 more Availability Zones and seven more AWS Regions in Australia, India, Indonesia, Israel, Spain, Switzerland, and United Arab Emirates. Millions of customers\u2014including the fastest-growing startups, largest enterprises, and leading government agencies\u2014trust AWS to power their infrastructure, become more agile, and lower costs. To learn more about AWS, visit <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Faws.amazon.com%2F&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=aws.amazon.com&amp;index=5&amp;md5=2d6ee60a0925f69940173635d7c47c35\">aws.amazon.com<\/a>.\n<\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20210623005093r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20210623005093\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20210623005093\/en\/<\/a><\/span><\/p>\n<p>\nAmazon.com, Inc.<br \/>\n<br \/>Media Hotline<br \/>\n<br \/><a rel=\"nofollow\" href=\"mailto:Amazon-pr@amazon.com\">Amazon-pr@amazon.com<br \/>\n<\/a><br \/><a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.amazon.com%2Fpr&amp;esheet=52449492&amp;newsitemid=20210623005093&amp;lan=en-US&amp;anchor=www.amazon.com%2Fpr&amp;index=6&amp;md5=163a7227f9817834d85520aa1387e368\">www.amazon.com\/pr<\/a><\/p>\n<p><b>KEYWORDS:<\/b> Washington North America United States Asia Pacific Europe Canada<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Retail Alternative Energy Security Data Management Energy Alternative Vehicles\/Fuels Technology Other Natural Resources Online Retail Environment Natural Resources Automotive Software Networks Other Energy Utilities<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20210623005093\/en\/886928\/3\/Amazon_logo+%28002%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. Amazon is already the largest corporate buyer of renewable energy in Europe and globally, with 232 projects around the world, enough to power 2.5 million U.S. homes Amazon reaches 10 gigawatts of renewable energy capacity and advances its commitment to decarbonizing its business operations and reaching net-zero carbon by 2040 SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) today announced 14 new renewable energy projects in the U.S., Canada, Finland, and Spain to advance its ambitious goal to power 100% of company activities with renewable energy by 2025\u2014five years ahead of the original target of 2030. The new projects bring Amazon\u2019s total renewable energy investments to date to 10 gigawatts (GW) of &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S.&#8221;<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505689","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.8 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. Amazon is already the largest corporate buyer of renewable energy in Europe and globally, with 232 projects around the world, enough to power 2.5 million U.S. homes Amazon reaches 10 gigawatts of renewable energy capacity and advances its commitment to decarbonizing its business operations and reaching net-zero carbon by 2040 SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) today announced 14 new renewable energy projects in the U.S., Canada, Finland, and Spain to advance its ambitious goal to power 100% of company activities with renewable energy by 2025\u2014five years ahead of the original target of 2030. 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Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/amazon-becomes-largest-corporate-buyer-of-renewable-energy-in-the-u-s\/","og_locale":"en_US","og_type":"article","og_title":"Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. - Market Newsdesk","og_description":"Amazon Becomes Largest Corporate Buyer of Renewable Energy in the U.S. Amazon is already the largest corporate buyer of renewable energy in Europe and globally, with 232 projects around the world, enough to power 2.5 million U.S. homes Amazon reaches 10 gigawatts of renewable energy capacity and advances its commitment to decarbonizing its business operations and reaching net-zero carbon by 2040 SEATTLE&#8211;(BUSINESS WIRE)&#8211; Amazon (NASDAQ: AMZN) today announced 14 new renewable energy projects in the U.S., Canada, Finland, and Spain to advance its ambitious goal to power 100% of company activities with renewable energy by 2025\u2014five years ahead of the original target of 2030. 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