Amazon announced more than a dozen new renewable energy projects Wednesday, making it the largest corporate buyer of renewables in the world.
The projects, 11 of which will be in the United States, will help the technology giant accelerate its plans to power all of its company operations with renewable energy. Amazon said Wednesday it will strive to reach that target by 2025, five years earlier than its original goal.
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The tech giant has set an overall goal to reach net-zero emissions by 2040. In total, with the new projects, Amazon is supporting 10 gigawatts of renewable electricity, which it says is enough to power 2.5 million U.S. homes.
“Our investments in wind and solar energy in the U.S. and around the world send a signal that investing in green technologies is the right thing to do for the planet and citizens—as well as for the long-term success of businesses of all sizes across all industries everywhere,” Jeff Bezos, Amazon founder and CEO, said in a statement.
The new renewable energy investments solidify Amazon’s ranking as the top renewable energy buyer in both the U.S. and the world. Other tech giants, including Google, Facebook, and Microsoft, are among the other top corporate buyers, as those companies also chase near-term targets to power their operations with 100% renewable electricity.
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For example, in 2020, Amazon purchased the most renewable electricity in the U.S., followed by Google, according to data from the Renewable Energy Buyers Alliance. Other technology companies ranking in the top 10 included Verizon and Facebook.
