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.
-
Economy2 months ago
Is Gold a Good Investment in 2025? A Deep Dive into the Precious Metal’s Future
-
Alamaliktistaad Magazines2 months ago
Al-Iktisaad, March 2025
-
OER Magazines2 months ago
OER, March 2025
-
News2 months ago
Nothing Phone 3a and 3a Pro launches in the Middle East
-
Automotive1 month ago
South Korea Plans to Support Auto Sector with US$2B Following US Tariffs
-
News1 month ago
Oman Oil Prices Witness Drop Amid Shifting Global Trade Dynamics
-
News1 month ago
Aligning HR Strategies with Oman Vision 2040: A Roadmap for Organisational Growth – OER Business Summit 2025
-
News2 months ago
Omantel Partners with TeKnowledge to Enhance Employee Skills in AI & Data Science