The company’s renewable energy portfolio now
totals more than 20 GW and will generate enough clean energy to
power 5.3 million homes in the U.S.
Amazon’s renewable energy purchases last year
brought it closer to powering its operations with 100% renewable
energy by 2025—five years ahead of its original target
Amazon (NASDAQ: AMZN) today announced that in 2022 it grew its
renewable energy capacity by 8.3 gigawatts (GW) through 133 new
projects in 11 countries. This brings Amazon’s total portfolio to
more than 20 GW—that could generate the amount of energy to power
5.3 million U.S. homes—across 401 renewable energy projects in 22
countries. The company’s renewable energy purchases continue to add
new wind and solar projects on the grids that power Amazon’s
operations, including Amazon Web Services (AWS) data centers,
Amazon fulfillment centers, and physical stores around the
world.
With these continued investments, Amazon set a new corporate
record for the most renewable energy announced by a single company
in one year. The company remains the largest corporate buyer of
renewable energy—a position it’s held since 2020, according to
Bloomberg New Energy Finance. Amazon’s continued investment in
renewable energy helps to accelerate growth in new regions through
innovative deal structures, technologies, and cloud solutions.
These purchases also bring Amazon closer to powering its
operations with 100% renewable energy by 2025—five years ahead of
its original 2030 target. In 2022, the company announced new
projects in Australia, Canada, Finland, France, Germany, Japan,
Poland, Singapore, Spain, and the U.S., and broke ground in Brazil,
India, and Indonesia. With 25 new renewable energy projects secured
to close out the year, the company now has 401 projects globally,
including 164 wind farms and solar farms, and 237 rooftop solar
projects on Amazon facilities. Once operational, Amazon’s global
renewable energy projects are expected to generate 56,881
gigawatt-hours (GWh) of clean energy each year.
“As we continue to launch new renewable energy projects around
the world, we’re pleased to be on track to power our operations
with 100% renewable energy, five years ahead of our original
target. With 133 projects in 11 countries announced in 2022, Amazon
had another record year,” said Adam Selipsky, CEO of AWS. “These
projects highlight the diversity of our renewable energy sources
and showcase our ability to bring new technologies to new markets
and further reduce the impacts of climate change.”
In addition to the 108 clean energy projects the company
announced in 2022, Amazon today is announcing 25 additional 2022
clean energy projects. These include:
- Eleven new projects in Europe, including Finland, Germany,
Italy, Spain, and the United Kingdom, totaling 372 megawatts (MW)
of capacity. Tapping into one of the world’s best renewable energy
resources, Amazon continued to add to its portfolio of offshore
wind projects, investing in two new offshore wind projects in
Europe totaling 280 MW of capacity.
- Four new projects in North America, totaling 918 MW of energy
in Arizona, California, and Texas. A new solar project paired with
energy storage in California allows Amazon to store clean energy
produced by its solar projects and deploy it when solar energy is
not available, such as in the evening hours, or during periods of
high demand. Also in California, Amazon added its first on-site
solar project at the Amazon Air Hub, where employees pack and
handle freight and conduct planeside operations.
- Ten new renewable energy projects in India, Indonesia, and
Japan. In India, a third 200 MW wind-solar hybrid project was added
to Amazon’s first two wind-solar hybrid projects. Renewable hybrid
energy systems can play a key role in helping India accelerate the
decarbonization of power generation, lowering the cost of
electricity in the medium term. These hybrid energy systems also
maximize clean energy use on the grid by combining two technologies
with different generation profiles, reducing variability in
renewable generation, and improving grid stability. In Indonesia,
Amazon invested in its first renewable energy projects, securing a
first-of-its-kind agreement for corporations to access additional
utility-scale solar projects. In Japan, Amazon added three on-site
solar projects and a new 38 MW utility-scale solar project.
Rapidly scaling renewable energy is one of the most effective
strategies to fight climate change. To ensure organizations’
renewable energy purchases have the greatest impact on emissions
reductions, Amazon recently led the creation of the new Emissions
First coalition. This coalition is leading advocacy efforts to
modernize the world’s leading carbon-accounting standard, helping
to reduce carbon from global electricity grids as quickly and
cost-effectively as possible.
"Amazon's clean energy portfolio doesn't just top the corporate
charts—it is now among the leading utilities globally, as well,”
said Kyle Harrison, head of sustainability research at Bloomberg
New Energy Finance. “The fact that it announced a new annual record
of clean energy in a year mired by a global energy crisis, supply
chain bottlenecks and high interest rates speaks to its forward
planning and expertise in navigating power markets and executing
long-term contracts."
“Amidst the market uncertainty of 2022, Amazon led clean energy
buyers and doubled down on its commitment to renewable energy,”
said Miranda Ballentine, CEO of Clean Energy Buyers Association
(CEBA). “Amazon’s commitment to decarbonization is demonstrated
through its leading placement on CEBA’s Deal Tracker Top 10, within
our member community, and on a global scale.”
“As Asia continues to transition away from coal and gas, these
investments by Amazon in wind and solar are further evidence that
there is a large and growing corporate renewable electricity demand
in this region. We look forward to continuing to work with Amazon
and our other ACEC members to rapidly increase the supply of
renewables and to achieve our shared 100% renewable ambitions in
the region,” said Sam Kimmins, director of energy at Climate Group
and Asia Clean Energy Coalition (ACEC) spokesperson.
Amazon co-founded The Climate Pledge in 2019, committing to
reach net-zero carbon by 2040—10 years ahead of the Paris
Agreement. The Pledge now has nearly 400 signatories, including
Best Buy, IBM, Microsoft, PepsiCo, Siemens, Unilever, Verizon, and
Visa. Amazon continues to transform its transportation network,
including electrifying its delivery fleet and sourcing alternatives
to fossil fuels—it currently has thousands of electric delivery
vehicles from Rivian in more than 100 cities and regions in the
U.S., more than 3,000 electric vans delivering packages to
customers in Europe, and several electric vehicle partnerships in
APAC. The company is also investing $2 billion in the development
of decarbonizing services and solutions through The Climate Pledge
Fund. For more information, visit
https://sustainability.aboutamazon.com/.
About Amazon
Amazon 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’s Most Customer-Centric Company, Earth’s Best Employer,
and Earth’s 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 amazon.com/about
and follow @AmazonNews.
About Amazon Web Services
Since 2006, Amazon Web Services has been the world’s most
comprehensive and broadly adopted cloud. AWS has been continually
expanding its services to support virtually any 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 99
Availability Zones within 31 geographic regions, with announced
plans for 12 more Availability Zones and four more AWS Regions in
Canada, Israel, New Zealand, and Thailand. Millions of
customers—including the fastest-growing startups, largest
enterprises, and leading government agencies—trust AWS to power
their infrastructure, become more agile, and lower costs. To learn
more about AWS, visit aws.amazon.com.
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