Tag Archive for: amazon

Amazon.com Inc (NASDAQ:AMZN) has committed to buying electricity from 450 MW of solar parks to power its data centers in California under a deal with power distributor AES Corp (NYSE:AES).

The US e-commerce giant has sealed two power purchase agreements (PPAs) that will see it get renewable energy in the California Independent System Operator (CAISO) market. The power will be sourced from solar photovoltaic (PV) plants and 225 MW of battery storage projects with a four-hour duration.

The off-take deals were announced by AES on Thursday.

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Source: Renewables Now

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Amazon.com Inc. struck deals to boost its access to renewable energy by almost a third as the company looks to get all of its power from green sources within a few years.

The retail giant will buy power from 3.5 gigawatts of new projects — mostly solar farms in the U.S. — to supply its offices, warehouses and data centers, it said in a statement. Amazon is seeking to bolster its standing as the world’s largest corporate green energy buyer as investors and consumers pressure big businesses to go greener, and has signed a number of deals in recent years.

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Source: Bloomberg

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