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Amazon Claims Largest Global Corporate Purchaser of Renewable Energy for Fifth Consecutive Year

Amazon Claims Largest Global Corporate Purchaser of Renewable Energy for Fifth Consecutive Year

Amazon Claims Largest Global Corporate Purchaser of Renewable Energy for Fifth Consecutive Year
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  • Global Leadership: Amazon is the largest corporate buyer of renewable energy for the fifth year in a row, with over 600 wind and solar projects worldwide.
  • High-Impact Investments: Prioritizing projects in regions with high carbon emissions, Amazon’s initiatives aim to significantly curb global emissions.
  • Decarbonization Advocacy: Collaborating with governments to advance renewable energy policies and enable local communities to transition to sustainable power sources.

Amazon continues to dominate renewable energy procurement, securing its position as the largest corporate buyer for the fifth consecutive year, according to Bloomberg NEF. The company has supported more than 600 renewable energy projects globally, capable of powering the equivalent of 8.3 million U.S. homes.

Amazon isn’t just the top corporate purchaser of solar and wind; we’re also prioritizing projects in the locations where they can have the biggest impact on curbing emissions and improving the local environment,” said Kara Hurst, Amazon’s Chief Sustainability Officer.

Kara Hurst, Amazon Chief Sustainability Officer

Driving Renewable Energy in High-Emissions Regions

Amazon focuses on “carbon matching”—developing renewable projects in areas reliant on fossil fuels. In India, for instance, Amazon has invested in nine utility-scale wind and solar farms, potentially avoiding 55 times more emissions annually compared to similar projects in highly decarbonized regions like Sweden.

Related Article: Amazon Announces 71 New Renewable Energy Projects Globally

In South Africa, Amazon’s renewable project is the first to allow small consumers to purchase power, while collaborative efforts with the local government have spurred new regulatory structures to support corporate investments in renewables. Similarly, in Poland, Amazon’s three wind farms align with the nation’s renewable energy goals, and in Greece, its eight renewable agreements aim to power over 300,000 homes.

Building renewable energy anywhere is a good thing, but studies show that building projects in hard-to-decarbonize communities drives the greatest environmental impact,” noted Gavin McCormick, executive director of WattTime. “Amazon is proving it is possible to bring renewable energy to high-impact regions like Poland, South Africa, and India.”

Gavin McCormick, executive director of WattTime

Advancing Climate Goals

Amazon’s renewable energy investments support its Climate Pledge to achieve net-zero carbon emissions by 2040. By targeting areas with the most carbon-intensive grids, the company is accelerating the global transition to renewable energy and driving meaningful environmental change.

When it comes to addressing climate change, speed and location matter,” emphasized Kara Hurst. “Amazon is working to help decarbonize grids around the world as quickly as possible.”

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