Tech powerhouse Amazon is entering the solar energy scene in Brazil, India and Poland as part of a global expansion of the company’s renewable energy portfolio.
Amazon said Sept. 21 it is adding 2.7 gigawatts of clean energy capacity across 71 projects, including wind and solar, to power its offices, data and fulfillment centers, and stores. The expansion is expected to contribute to a renewable energy portfolio capable of generating 50,000-gigawatt hours of clean energy—enough to power annually 4.6 million U.S. home, Amazon said in a news release.
“Around the world, countries are looking to accelerate the transition to a clean energy economy,” Amazon Web Services CEO Adam Selipsky said in the release, “and continued investments like ours can help accelerate their journey as we all work together to mitigate the impacts of climate change.”
The projects include three large-scale solar farms in India, a 122-MW solar farm in Brazil and its first utility-scale solar project in Poland. The company is also pursuing its first two renewable energy projects in Louisiana, part of a 1-GW clean energy capacity addition in the Southeastern U.S.
Amazon said it had reached 85% renewable energy across its business by year-end 2021. The company, among the world’s largest corporate buyers of renewable energy, has nearly 380 renewable energy projects worldwide.
2022-11-30 - Also in this week’s A&D Minute: Who’s been quietly buying acreage in the Permian Basin? Plus see what else is on new mid-cap powerhouse Permian Resources’ radar.
2022-10-04 - Vendera Resources retained PetroDivest Advisors for the sale of its operated, HBP footprint in the Anadarko Basin comprised of roughly 2,550 net acres and 26 low-decline vertical wells located in the Texas and Oklahoma Panhandle.
2022-09-20 - Vinland Energy LLC retained Seaport Global Securities LLC for the sale of its portfolio of producing and midstream assets in the southern Appalachian Basin, located primarily in eastern Kentucky.
2022-09-20 - EOG Resources retained TenOaks Energy Advisors for the sale of majority operated properties located in the Texas Panhandle, which TenOaks said is poised for continued growth via inventory of Cleveland / Marmaton locations with attractive economics.
2022-09-19 - Cheniere Energy and subsidiaries of Whistler Pipeline will move forward with the construction of a new 43-mile pipeline as part of plans to send more natural gas from the Permian Basin for export as LNG.