Amazon Advances Carbon-Free Energy Commitment with Major Investments
Amazon is investing billions in over 40 gigawatts of carbon-free energy capacity across 28 countries, enhancing global procurement leadership. This initiative supports the transition to renewable energy sources, with implications for grid efficiency and public electricity access.
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Amazon is committing billions to develop over 40 gigawatts of carbon-free energy capacity, with projects spanning 28 countries. This effort, equivalent to powering over 12 million U.S. households, contributes clean electricity to public grids, benefiting various sectors beyond Amazon's operational needs.
The company’s renewable energy portfolio includes over 600 projects, with significant expansions in Europe, Greece, Spain, India, and Portugal. Additionally, Amazon is investing in small modular reactor technology and supporting legislation for Grid Enhancing Technologies in Oregon. The growing demand for renewable energy highlights a significant shift in the global power landscape, driven by consumption and technological advancements.
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