Amazon Taps Lincoln Clean Energy to Build Texas Wind FarmBy
Project in Scurry County will have capacity of 253 megawatts
Online retailer has announced five wind, solar projects
Amazon.com Inc. agreed to buy power from a 253-megawatt wind farm that Lincoln Clean Energy LLC is developing in west Texas, the retailer’s largest clean-energy project to date.
The development in Scurry County is scheduled to be operational in late 2017, Amazon said in a statement Thursday. It will include more than 100 turbines and will produce enough power almost 90,000 U.S. homes.
Amazon will buy about 90 percent of the power from the wind farm. Other technology companies including Apple Inc. and Facebook Inc. have struck similar deals with wind and solar companies, to directly purchase clean energy for their facilities.
“Direct purchasing by large, long-term thinking customers like Amazon has quickly become a key driver of the transition to renewable power across the U.S.,” Declan Flanagan, chief executive officer of Chicago-based Lincoln Clean Energy, said in the statement.
Amazon previously announced plans for wind and solar farms in Indiana, North Carolina, Ohio and Virginia. The five projects will generate enough power for more than 240,000 U.S. homes.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- ‘No Cash’ Signs Everywhere Has Sweden Worried It's Gone Too Far
- European Stocks Falter After Asia Rally; Oil Rises: Markets Wrap
- Boom Turns to Bust for Millennials Across Advanced Economies
- How One of the Most Profitable Trades of the Last Few Years Blew Up in a Single Day
- Singapore Plans to Boost Goods and Services Tax to 9%