Online retail giant Amazon.com. As companies expand their efforts to clean up their power sources to combat climate change, they have led a record year in their renewable energy purchases around the world.
Amazon accounted for 20% of the record 31.1GW of clean electricity capacity purchased by businesses in 2021. BloombergNEF.. Overall, corporate buyers accounted for more than 10 percent of all renewable energy capacities added worldwide last year, BNEF said. That’s more than one-third of California’s power generation capacity.
Kyle Harrison, Head of Sustainability Research at BNEF, said:
“More companies are working on new sustainability, renewable energy costs are plummeting, and regulators around the world say clean energy is a silver bullet for decarbonization in the private sector. We are slowly approaching the fact that there is a possibility. “
According to the report, the technology giant was the largest corporate buyer of renewable energy, accounting for more than half of last year’s transactions.
Amazon has signed a 6.2GW contract with a total clean energy capacity of 13.9GW, providing the 12th largest clean energy portfolio of all types of companies.
https://gulfbusiness.com/amazon-leads-corporate-clean-energy-purchases-in-record-year/ Amazon leads companies in clean energy purchases in record years