Amazon procures record amount of renewable energy

Amazon has announced that it is increasing its renewable energy capacity, consolidating its position as the world's largest buyer of renewable energy. According to the giant, its capacity increased by 8.3GW through 133 new projects in 11 countries during 2022. This means that its portfolio stands ​​at more than 20GW across 401 renewable energy projects in 22 countries. 

Speaking about this expansion, Adam Selipsky, CEO of AWS: "As we continue to launch new renewable energy projects around the world, we're pleased to be on track to power our operations with 100 percent renewable energy, five years ahead of our original target. With 133 projects in 11 countries announced in 2022, Amazon had another record year. These projects highlight the diversity of our renewable energy sources and showcase our ability to bring new technologies to new markets and further reduce the impacts of climate change."

"Amazon's clean energy portfolio doesn't just top the corporate charts - it is now among the leading utilities globally, as well," said Kyle Harrison, head of sustainability research at Bloomberg New Energy Finance. "The fact that it announced a new annual record of clean energy in a year mired by a global energy crisis, supply chain bottlenecks, and high-interest rates speaks to its forward planning and expertise in navigating power markets and executing long-term contracts."

The company has announced its aims to power its operations with 100% renewable energy by 2025.

While it has made investments in renewable energy in recent years,  and now holds the record for the most renewable energy purchased in a single year, AWS still has a way to go when it comes to making good on its climate pledges. Only a few months ago, Amazon was being highlighted for its climate pledge failures, and jump in emissions.