I’m happy to share some big news: for the fifth year in a row, Amazon is the largest corporate purchaser of renewable energy in the world.
Transitioning to carbon-free energy sources is one of the fastest ways we can address climate change. It’s why we’ve invested billions of dollars in hundreds of solar and wind projects around the world. But you don’t need to be a company of our size to make a difference.
If you’re exploring renewables energy investments, here are three helpful things we’ve learned along the way:
1) Location = impact. We’re supporting projects in regions where they can have the greatest impact – including locations that rely heavily on fossil fuels. For instance, we invested in nine solar and wind projects in India, where the grid is primarily powered by coal. They’re expected to help avoid an estimated 55 times more carbon than if they were built in Sweden, which has one of the world’s most decarbonized grids. As more projects become operational, we’re seeing how they positively impact the grid – and local communities. In Mississippi, for example, three solar wind farms backed by Amazon account for nearly a quarter of the state’s operational solar power!
2) Open + collaborative mindset. We started with just a handful of projects when The Climate Pledge launched. Over the years, we’ve learned the value of collaborating across sectors – we’ve worked with various energy companies, utilities and experts outside Amazon. That’s all led to us supporting 600+ wind and solar projects in nearly 30 countries – which are expected to produce the same amount of energy it takes to power more than 8 million U.S. homes.
3) Build great teams. We recruited a diverse array of energy experts and gave them room to Think Big, because we believe innovation is critical to evolution. When smart people who care about our planet are empowered to find solutions, change accelerates.
We’re also investing in other sources of carbon-free energy, like nuclear – more to come on that this year!
https://lnkd.in/d9sN_Pq2
#energy #carbonfree #sustainability #renewablenergy
Transitioning to carbon-free energy sources is one of the fastest ways we can address climate change. It’s why we’ve invested billions of dollars in hundreds of solar and wind projects around the world. But you don’t need to be a company of our size to make a difference.
If you’re exploring renewables energy investments, here are three helpful things we’ve learned along the way:
1) Location = impact. We’re supporting projects in regions where they can have the greatest impact – including locations that rely heavily on fossil fuels. For instance, we invested in nine solar and wind projects in India, where the grid is primarily powered by coal. They’re expected to help avoid an estimated 55 times more carbon than if they were built in Sweden, which has one of the world’s most decarbonized grids. As more projects become operational, we’re seeing how they positively impact the grid – and local communities. In Mississippi, for example, three solar wind farms backed by Amazon account for nearly a quarter of the state’s operational solar power!
2) Open + collaborative mindset. We started with just a handful of projects when The Climate Pledge launched. Over the years, we’ve learned the value of collaborating across sectors – we’ve worked with various energy companies, utilities and experts outside Amazon. That’s all led to us supporting 600+ wind and solar projects in nearly 30 countries – which are expected to produce the same amount of energy it takes to power more than 8 million U.S. homes.
3) Build great teams. We recruited a diverse array of energy experts and gave them room to Think Big, because we believe innovation is critical to evolution. When smart people who care about our planet are empowered to find solutions, change accelerates.
We’re also investing in other sources of carbon-free energy, like nuclear – more to come on that this year!
https://lnkd.in/d9sN_Pq2
#energy #carbonfree #sustainability #renewablenergy