Amazon AWS: Amazon signs a new PPA in India with Vibrant Energy

Dec 06, 2022 | Posted by MadalineDunn

Amazon has announced that it has signed 300MW worth of wind and solar power purchase agreements (PPA) in India with Vibrant Energy, a Macquarie Group's Green Investment Group (GIG) subsidiary. The projects, based in the states of Madhya Pradesh and Karnataka, are projected to generate 1,163,000 megawatt hours (MWh) of clean energy when operational. 

Explaining how this development fits in with Amazon's long-term plans, Abhinav Singh, director of customer fulfillment, supply chain and global specialty fulfillment, Amazon India said: “As the largest corporate purchaser of renewable energy globally, we continue to build momentum for our renewable energy investments in India. The two new projects represent Amazon's first wind-solar hybrid projects globally."

He added that Amazon is on a path to powering its operations globally with 100 percent renewable energy by 2025 and outlined that is has worked with government and industry stakeholders in India to "unlock more corporate renewable energy procurement in the country." "This year, we have reached over 720MW of renewable energy capacity through utility-scale projects in India," he said.

“This collaboration between Vibrant and Amazon will encourage the adoption of renewable energy by corporates in India. We expect India to be one of the earliest markets in the world to deliver renewable energy through similar hybrid projects. We are honored to collaborate with Amazon on its path to powering its operations with 100% renewable energy by 2025,” commented Srinivasan Viswanathan, CEO of Vibrant Energy.

With the three solar farms in Rajasthan, Amazon reportedly now has five utility-scale renewable energy projects in India. This equates to 720 MW of capacity. Meanwhile, Vibrant Energy has a current portfolio of 132MW of operational projects and is also in the process of delivering 1.6GW worth of projects.