Amazon has extended its position as the world’s largest buyer of renewable energy.
The cloud and e-commerce company this week announced it grew its renewable energy capacity by 8.3GW through 133 new projects in 11 countries during 2022.
Amazon said its total portfolio now stands at more than 20GW across 401 renewable energy projects in 22 countries. It aims to power its operations with 100 percent renewable energy by 2025.
The company set a new corporate record for the most renewable energy announced by a single company in one year, and has been the largest corporate buyer of renewable energy since 2020.
“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. With 133 projects in 11 countries announced in 2022, Amazon had another record year,” said Adam Selipsky, CEO of AWS. “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.”
Those 401 projects include 164 wind farms and solar farms, and 237 rooftop solar projects on Amazon facilities. Once all are operational, Amazon’s renewable energy projects are expected to generate 56,881GWh of energy each year.
2022 saw the company announce new projects in Australia, Canada, Finland, France, Germany, Japan, Poland, Singapore, Spain, and the US, and broke ground on projects in Brazil, India, and Indonesia.
This week’s announcement includes 25 additional projects:
- 11 new projects in Europe, including in Finland, Germany, Italy, Spain, and the UK totaling 372MW, and including two new offshore wind projects in Europe totaling 280 MW of capacity.
- Four new projects in North America, totaling 918MW of energy across Arizona, California, and Texas. The projects in California include a solar project paired with energy storage and an on-site solar project at the Amazon Air Hub.
- Ten new renewable energy projects in India, Indonesia, and Japan. In India, a third 200MW wind-solar hybrid project was added to Amazon’s first two wind-solar hybrid projects. In Indonesia, Amazon invested in utility-scale solar projects, its first renewable energy projects in the country. In Japan, Amazon added three on-site solar projects and a 38MW utility-scale solar project.
"Amazon's clean energy portfolio doesn't just top the corporate charts - it is now among the leading utilities globally, as well,” said Kyle Harrison, head of sustainability research at Bloomberg New Energy Finance. “The fact that it announced a new annual record of clean energy in a year mired by a global energy crisis, supply chain bottlenecks, and high-interest rates speaks to its forward planning and expertise in navigating power markets and executing long-term contracts."