Amazon announced Monday it retained its position as the largest corporate buyer of renewable energy, a title it has held since 2020, by purchasing a record 20 GW – enough renewable energy to power 5.3 million U.S. homes.
The amount of renewable energy capacity is up 8.3 GW, the company said, thanks to 133 new projects in Australia, Canada, Finland, France, Germany, Japan, Poland, Singapore, Spain, and the United States. The new projects bring to 401 renewable projects in 22 countries for the company. Amazon’s purchases bring the company closer to its goal of powering its operations with 100 percent renewable energy by 2030 and may help the company to reach its goal five years early.
The company said the renewable energy projects will power Amazon operations worldwide, including Amazon Web Services (AWS) data centers, Amazon fulfillment centers, and physical stores.
Amazon said its purchases helped the company set a new corporate record for the most renewable energy announced by a single company in one year. The company said it hopes its continued investment in renewable energy will help it accelerate growth in new regions through “innovative deal structures, technologies, and cloud solutions.”
The company’s renewable energy projects include 164 wind farms and solar farms and 237 rooftop solar projects at Amazon facilities. Once operational, Amazon’s 401 global renewable energy projects are expected to generate 56,881 gigawatt-hours (GWh) of clean energy annually.
“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 percent renewable energy, five years ahead of our original target,” said Adam Selipsky, CEO of AWS. “With 133 projects in 11 countries announced in 2022, Amazon had another record year. 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.”
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