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Amazon Adds 3.4GW Of Renewables, Overtakes Google as Top Corporate Clean Power Buyer
Huge chunk of new renewables for Amazon in 2020 - including a large investment in offshore wind. Let's see if Amazon joins Starbucks by adding storage to its portfolio.
Amazon has added 3.4 gigawatts of new renewable power to its portfolio, taking its total capacity to 6.5 GW.
The company claims that it has now overtaken Google as the largest corporate user of renewables. Amazon's new wind and solar projects are distributed globally from Australia and South Africa to Sweden and the U.K.
The retail giant is aiming to power all its operations, from its offices and fulfillment centers to the data centers of its Amazon Web Services business, with renewables by 2030. It claims to be on track to hit that milestone by 2025. It wants to hit the target of being net-zero carbon by 2040.
While Amazon says its roster of renewables sets a new corporate record, Google is planning to shift to 24/7 real-time matching of renewables. That could be argued to have a greater overall impact compared to PPAs and buying up certificates of origin.
One of the new Amazon deals is a ten-year PPA with Ørsted for 250 megawatts of the planned 900 MW Borkum Riffgrund 3 offshore wind farm in Germany, the largest offshore wind corporate PPA in Europe. The project is expected to be operational by 2025.
Amazon Adds 3.4GW Of Renewables, Overtakes Google as Top Corporate Clean Power Buyer
Amazon's new projects include Europe’s largest offshore corporate PPA with Ørsted.
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