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Investors - MARCH 13, 2020

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Amazon continues renewable energy investments in Australia, Europe and U.S.

by Released

Amazon has four new renewable energy projects in Australia, Spain, Sweden and the United States that further support Amazon’s commitment to reach 80 percent renewable energy by 2024 and 100 percent renewable energy by 2030 on path to net-zero carbon by 2040.

Amazon is investing globally to enable new renewable energy projects as the company works towards net zero carbon by 2040. Amazon’s first renewable energy project in Australia is a 60-megawatt solar project anticipated to come online in 2021 in northern New South Wales. Once complete, the project is expected to generate 142,000 megawatt hours of clean energy annually, which is equivalent to the annual electricity of almost 23,000 average Australian households.

Amazon’s newest renewable energy projects in Europe include 122 megawatts from an onshore wind project in Västernorrland, Sweden, expected to come online 2022, and a new 50-megawatt solar farm in Zaragoza, Spain, expected to begin operations in 2021. O

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