Engie has signed several energy offtake contracts with Amazon for a 650-megawatt global renewable energy portfolio of wind and solar projects across the United States, Italy and France.
These power-purchase agreements (PPAs) will exclusively rely upon renewable energy production facilities developed by Engie. For Engie, this operation is the largest portfolio of agreements signed at once with a single counterparty.
These projects align with Amazon’s goal to power its operations with 100 percent renewable energy by 2030 and reach net-zero carbon by 2040.
In the United States, Amazon’s new renewable energy solar and wind projects with Engie represent 569 megawatts in Delaware, Kansas, North Carolina, Ohio and Virginia. They will supply Amazon with approximately 1,850 gigawatt hours of power and with the associated project renewable energy credits annually. The projects are expected to reach commercial operation in 2021 through 2022.
In Europe, Amazon’
