Amazon Backs 26 Green Projects in Drive to Renewable Energy
- Company funds wind, solar projects in eight countries
- Amazon aims to power operations using renewables by 2025
Amazon Wind Farm Texas.
Source: Amazon
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Amazon.com Inc. on Thursday said it was backing 26 new wind and solar utility projects around the globe, a massive investment that the company said made it the largest corporate buyer of renewable energy.
The retail and technology company said the utility-scale projects, located in Australia, France, Germany, Italy, South Africa, Sweden, the U.K. and the U.S., would have the capacity to produce 3.4 gigawatts of electricity. Google, the largest corporate buyer of renewable energy in 2019, claimed the previous high water mark that year with a 1.6 gigawatt purchase in a single announcement.