Amazon becomes the world's largest renewable energy investor

The company is making progress on its climate commitment to achieve zero net carbon emissions by 2040.

Amazon has announced 26 new wind and solar energy projects totaling 3.4 gigawatts (GW) of electricity production capacity, bringing its total investment in renewable energy in 2020 to 35 projects and more than 4 GW of capacity, the largest investment by a private company in renewable energy in a single year.

These new projects will make Amazon the largest corporate buyer of renewable energy in history, according to the e-commerce giant.

In total, Amazon has invested in 6.5 GW of wind and solar projects that will allow it to supply its operations with more than 18 million megawatt hours (MWh) of renewable energy annually. This amount is the equivalent needed to power 1.7 million U.S. homes for one year.

These projects will provide renewable energy for Amazon's corporate offices, logistics centers and Amazon Web Services (AWS) data centers that support millions of customers worldwide.

They will also help advance Amazon's goal of achieving zero net carbon emissions by 2040.

Part of that commitment is to feed Amazon's infrastructure with 100% renewable energy, a goal the company is on track to achieve by 2025, five years before the initial target set for 2030.

"Amazon is helping fight climate change by moving quickly to power our operations with renewable energy",

said Amazon founder and CEO Jeff Bezos.

"With a total of 127 solar and wind projects, Amazon is now the largest corporate buyer of renewable energy in history. We are on track to be operating on 100% renewable energy by 2025, five years ahead of our original target set for 2030. This is just one of the many steps we are taking that will help us fulfill our climate promise,

has emphasized.

The 26 new wind and solar projects announced on Thursday are in Australia, France, Germany, Italy, South Africa, Sweden, the United Kingdom and the United States.

In the United States, Amazon has implemented wind and solar projects in California, Delaware, Illinois, Indiana, Kansas, Kentucky, Nebraska, North Carolina, Ohio, Texas and Virginia.

Amazon currently has a total of 127 renewable projects worldwide, including 59 utility-scale wind and solar renewable energy projects and 68 solar roofs in logistics and distribution centers around the world.

In Spain, Amazon announced last month that the company's first 'off-site' solar project outside the United States is now operational. The 149-megawatt (MW) project, located in Seville, will power Amazon's logistics network in the country and the next Amazon Web Services (AWS) Region (Europe) in Spain.

The project consists of four solar plants and is expected to contribute 302,000 megawatt hours (MWh) of clean energy per year to the grid, equivalent to the average consumption of 30,000 Spanish households.

In addition, the company has invested in a second solar plant in Aragon with a capacity of 50 MW that will provide renewable energy to the future AWS Region and is expected to be operational in 2021.