The web giant has signed a power purchase agreement with global energy company Fortune 500.
Amazon has signed two Power Purchase Agreements (PPAs) for renewable energy, including a 450 MW solar portfolio and a 225 MW / 900 MW portfolio of storage systems. The PPAs were signed with the AES developer.
Amazon is ahead of schedule with its original plan to achieve 100% renewable energy operations in 2030 and can now achieve that goal in 2025. It is the largest corporate buyer of renewable energy and is looking to get zero carbon by 2040.
Bloomberg New Energy Finance has recognized AES as the best developer that sells clean energy to corporations through PPAs. In 2021 alone, the company delivered 5 GW of new PPAs.
“Together with Amazon, we are showing how individual energy solutions and innovative thinking can help organizations of all kinds to decarbonise their operations and network,” said Andres Gluski, President and CEO of AES.
Recently, AES has been busy meeting the needs of technology giants for clean energy. AES was announced this week will supply Microsoft has 110 MW of solar power and 55 MW / 220 MWh of storage, all of which will be built in California.
Rechargeable energy supplier Fluence has contracted to supply its technology for one of the projects.
It creates a storage product called the Fluence Cube, a modular battery that can scale from 1 MW to 500 MW and more. The battery is designed according to its suitability for banking, as a cost-effective product that can be quickly purchased, designed, delivered, built and commissioned.
One Fluence Cube contains its lithium-ion sealed elements in a 2549 x 2578 x 2160 mm housing. It has a flexible discharge duration of 30 minutes to four hours and is equipped with a solid aerosol suppressant.
All new projects included in the PPA will help Amazon’s operations in California’s CAISO network.
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