The company added about 100 new renewable energy products last year. It also increased its generating capacity to 33 gigawatts, which is more than 10 gigawatts above Apple, the next company in line. According to TechCrunch, Amazon’s renewable energy portfolio consists mostly of wind and solar farms and on-site solar power projects. Amazon says the whole thing would be enough to power roughly 8.3 million homes.
Who was the largest corporate purchaser of renewable energy last year?
Answer: Amazon.
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As it works toward its 2040 net-zero emissions goal, Amazon made big investments in renewable energy in 2024. According to a report from BloombergNEF, the e-commerce giant was the largest corporate buyer of renewable energy last year.
The company added about 100 new renewable energy products last year. It also increased its generating capacity to 33 gigawatts, which is more than 10 gigawatts above Apple, the next company in line. According to TechCrunch, Amazon’s renewable energy portfolio consists mostly of wind and solar farms and on-site solar power projects. Amazon says the whole thing would be enough to power roughly 8.3 million homes.
All that investment in green energy appears to be paying off. After years of steadily increasing, the company’s total emissions peaked in 2021 per its 2023 sustainability report. The report for 2024 hasn’t been released yet, but the company’s large increase in renewable purchases last year bodes well for those numbers.
The company added about 100 new renewable energy products last year. It also increased its generating capacity to 33 gigawatts, which is more than 10 gigawatts above Apple, the next company in line. According to TechCrunch, Amazon’s renewable energy portfolio consists mostly of wind and solar farms and on-site solar power projects. Amazon says the whole thing would be enough to power roughly 8.3 million homes.
