With the development of a new 198 megawatt windfarm, Amazon has now reached 50 renewable energy projects in India. The 50 energy projects across India produce 1.1 gigawatts of renewable energy capacity.
According to a press release by Amazon, the renewable energy projects have contributed approximately $87 million to the country's gross domestic product and created 20,600 full-time jobs during 2022. Since 2020, Amazon has been the largest corporate buyer of renewable energy globally and is the largest corporate buyer of renewable energy in India.
Since 2020, Amazon has been the largest corporate buyer of renewable energy globally and is the largest corporate buyer of renewable energy in India. The wind and solar farms that Amazon has developed in India has helped generate $349 million in economic investment for India's communities between 2014-2022. According to a press release by Amazon, the renewable energy projects have contributed approximately $87 million to the country's gross domestic product and created 20,600 full-time jobs during 2022. "Rapidly scaling renewable energy is one of the most effective strategies to address climate change, and these efforts can be especially impactful in India, where the country's leaders are focused on transitioning the country away from fossil fuels," said Abhinav Singh, vice president of Operations at Amazon India, who noted that Amazon's wind and solar power projects will help power the company's operations with 100% renewable energy by 2025. "We're eager to continue contributing to India's economic and environmental goals as part of Amazon's commitment to become a more sustainable business."
"We welcome Amazon's renewable energy investments in India as it encourages more corporates to purchase renewable energy in the country, accelerating our path to meet our 2030 goals," said Shri Dinesh Dayanand Jagdale, joint secretary joint secretary of The Ministry of New and Renewable Energy, Government of India. "India has already delivered on its Nationally Determined Contributions target of 40% capacity from renewable sources ahead of schedule. We are also leading towards becoming one of the largest solar module manufacturers in the world with one of the largest wind energy manufacturing ecosystems as well. India remains focused on achieving the NDC goal of 50% capacity from renewable energy, and we are pleased to see our renewable energy sector is enabling corporates like Amazon to meet their own 100% renewable energy goals in the country." Over the past several years, Amazon has collaborated with policymakers and industry stakeholders to expand corporate renewable energy procurement options in India, enabling others to also scale new renewable energy projects.
Awadhesh Kumar, senior engineer at Amazon Solar Farm India, highlighted the positive impact of Amazon's renewable energy projects on local communities. "Residents have a continuous source of income, education opportunities for kids have improved, and local businesses are getting a boost. The community has flourished collectively because of ReNew's development of the solar farm."
Awadhesh Kumar, senior engineer at Amazon Solar Farm India, said "Residents have a continuous source of income, education opportunities for kids have improved, and local businesses are getting a boost. The community has flourished collectively because of ReNew's development of the solar farm." Amazon has committed to invest $26 billion in India by 2030. Amazon is committed to reaching a net-zero carbon by 2040 through The Climate Pledge, which now has more than 400 signatories. Additionally, Amazon is investing $15 million in nature-based projects to support communities, climate resilience, and biodiversity in the Asia-Pacific region.
