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UPDATE - Amazon unveils close to 300 MW of new solar, wind deals

Solar park. Image by: Amazon Web Services (aws.amazon.com).

March 12 (Renewables Now) - Amazon.com Inc (NASDAQ:AMZN) announced today its involvement in four projects in Australia, Europe and the US that will provide it with access to nearly 300 MW of renewable energy capacity.

The US e-commerce and cloud computing major will buy 122 MW from a Swedish onshore wind project that is expected to come online in Vasternorrland in 2022. Also, it has contracted a new 50-MW solar farm in Zaragoza, Spain, which is to start operations next year.

In the US state of Virginia, Amazon has expanded its portfolio of local renewable energy projects to 11 with the addition of a 65-MW asset in Halifax County. The news comes after in late January, the company contracted 82 MW of a new 120-MW solar farm in Pittsylvania County to power its HQ2 headquarters.

In Australia, the company announced a 60-MW solar contract. Canadian Solar Inc (NASDAQ:CSIQ) gave more information separately, unveiling that it signed a power purchase agreement (PPA) with Amazon involving the 146-MWp/110-MW Gunnedah solar farm in New South Wales. That plant is expected to reach commercial operation by 2021.

In total, Amazon has secured about 840,000 MWh of electricity per year from those plants for use at data centres operated by Amazon Web Services (AWS).

“These new renewable energy projects are part of our roadmap to 80% renewable energy by 2024 and 100% renewable energy by 2030,” said Kara Hurst, Vice President of Sustainability at Amazon. The company’s ultimate objective is to achieve net zero carbon by 2040.

To date, Amazon has initiated 26 utility-scale wind and solar projects representing more than 2,200 MW of capacity and also installed over 50 solar rooftops on fulfilment and sort centres worldwide with a combined capacity of 122 MW, it said.

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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