Amazon has added 71 new renewable energy projects to its portfolio, including its first renewable energy project in South America—a 122 MW solar farm in Brazil—and its first solar farms in India and Poland. In India, Amazon is planning to install three large-scale projects. All three are solar projects in Rajasthan, representing 420 MW of clean energy capacity.
When fully operational, Amazon’s global renewable energy portfolio is expected to produce 50,000 GWh of clean energy, which is equal to the annual electricity consumption of 4.6 million U.S. homes. Amazon is also expanding its clean energy capacity in North America by 1 GW across the Southeastern US, including the company’s first two renewable energy projects in Louisiana.
Currently, Amazon operates a total of 379 renewable energy projects across 21 countries, including 154 wind and solar farms and 225 rooftop solar projects, totaling 18.5 GW of renewable energy capacity. In the Asia-Pacific region, the company now has a total of 57 renewable energy projects. By the end of 2021, the company had reached 85 per cent renewable energy across its business.
REGlobal’s Views: Amazon is reportedly the world’s largest corporate procurer of renewable energy and aims to source 100% renewable energy across its entire business by 2025. As energy prices surge globally in the midst of energy security concerns, large energy intensive corporate consumers like Amazon are quickly expanding their renewable energy portfolios to become greener and save on operating costs.