Economy
Amazon Backs Renewables Projects on Path to 100% Clean Power
(Bloomberg) –Amazon.com Inc will invest in three new wind and solar projects as it moves toward a goal of meeting 80% of its energy needs from renewable sources by 2024, and 100% by 2030.
The company has entered the U.K.’s largest corporate wind power purchase agreement as part of its backing for the 50-megawatt Amazon Wind Farm on the Kintyre Peninsula of Scotland, it said in a statement. Amazon also announced solar projects in North Carolina and Virginia with a combined generating capacity of 215 megawatts.
“We’ve announced eight projects this year and have more projects on the horizon,” Kara Hurst, Amazon’s director of sustainability, said in the statement. “We’re committed to investing in renewable energy as a critical step toward addressing our carbon footprint globally.”
The three projects are scheduled to start operations in 2021 and will supply power to Amazon Web Services data centers. The company, which has nearly 70 renewable energy projects globally with a total capacity of more than 1.6 gigawatts, also plans to achieve net zero carbon emissions by 2040.
-
Banking & Finance2 months agoOman Oil Marketing Company Concludes Its Annual Health, Safety, Environment, and Quality Week, Reaffirming People and Safety as a Top Priority
-
News2 months agoJamal Ahmed Al Harthy Honoured as ‘Pioneer in Youth Empowerment through Education and Sport’ at CSR Summit & Awards 2025
-
OER Magazines2 months agoOER, December 2025
-
News2 months agoAI Security Conference 2025 Hosted by Securado Highlights the Changing Cybersecurity Landscape
-
Insurance1 month agoSupporting Community Wellness: Liva Insurance Sponsors Muscat Marathon 2026 with Free Health Checkups
-
Interviews1 month agoEXCLUSIVE INTERVIEW: TLS Rebranding Marks Strategic Leap Toward Innovation, Sustainability & Growth
-
Insurance4 weeks agoLiva Insurance Supports Community Wellness Through “Experience Oman – Muscat Marathon 2026”
-
Investment2 weeks agoLalan Inaugurates Its First Overseas Manufacturing Facility, Marking Sri Lanka’s First Investment in SOHAR Freezone
