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Amazon tells title of Europe's largest corporate buyer of renewables - report
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Amazon has once again claimed the title of Europe's largest corporate buyer of renewables, according to research from BloombergNEF.
Key facts
- Other notable deals in Europe included a 28MW PPA in Poland, three PPAs with Iberdrola totaling 476MW across Spain and Portugal, and a 47.3MW PPA with the ERG Group in Northern Ireland
- The additions are part of Amazon’s broader commitment to power its global operations with 100 percent renewable energy as it works toward its 2040 net-zero target
- Within the European market, the company signed a range of PPA’s and clean energy agreements
- Amazon has once again claimed the title of Europe's largest corporate buyer of renewables, according to research from BloombergNEF
Summary
According to the company, it now has more than 10GW of renewable energy capacity contracted within Europe, out of more than 40GW worldwide. Its procurement strategy was heavily diversified, with the company contracting approximately 4GW of solar, 2GW of wind, and almost 4GW of nuclear power. Within the European market, the company signed a range of PPA’s and clean energy agreements. Other notable deals in Europe included a 28MW PPA in Poland, three PPAs with Iberdrola totaling 476MW across Spain and Portugal, and a 47.3MW PPA with the ERG Group in Northern Ireland.