THREE SOLAR FARMS IN RAJASTHAN AND 23 NEW SOLAR ROOFTOP PROJECTS The three solar farms in India will have a combined 420 megawatts (MW) of clean energy capacity Amazon also announces 71 new renewable energy projects globally, including firsts in Brazil and Poland, bringing an additional 2.7 gigawatts (GW) of clean energy capacit NEW DELHI, […]
Amazon strikes green hydrogen deal with fuel cell maker Plug Power, sending shares up – EQ Mag Pro
Plug Power’s stock surged after Amazon struck a deal with the fuel cell maker to power some of its operations with green hydrogen. As part of the deal, Amazon received the right to buy up to 16 million shares of Plug Power. Shares of hydrogen fuel cell maker Plug Power closed up 9% on Thursday […]
AES announces deals to provide 450 MW of renewable energy to Amazon – EQ Mag Pro
AES will supply renewable energy from solar and battery energy storage projects to power Amazon’s operations ARLINGTON, Va. : The AES Corporation (NYSE: AES) today announced it has entered into two renewable energy Power Purchase Agreements (PPAs) with Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System […]
Amazon Extends Position as World’s Largest Corporate Buyer of Renewable Energy Totalling 3.5 GW Of Clean Energy Capacity – EQ Mag Pro
The company announces 37 new renewable energy projects totaling 3.5 GW of clean energy capacity. Amazon is continuing to scale its renewable energy investments with 37 new renewable energy projects around the world, marking significant progress on its path to power 100% of its operations with renewable energy by 2025—five years ahead of the original […]
Indian EV startup EVage raises $28 million, will build electric vans for Amazon – EQ Mag Pro
Indian EV startup EVage raised an amount of $28 million from a US-based venture capital firm RedBlue Capital.The EV company is the first startup to create an electric van in India from the ground up. Indian startup EVage which is developing electric delivery vans for e-commerce and logistics companies including Amazon has raised $28 million […]
Amazon Investing in 274 Renewable Energy Projects Globally, Adds 18 New Projects in Europe and U.S. – EQ Mag Pro
Amazon is the largest corporate buyer of renewable energy globally and is on a path to power 100% of its business with renewable energy by 2025 Amazon’s renewable energy investments equivalent to energy use of 3 million U.S. homes and will eliminate 13.7 million metric tons of carbon emissions each year as Amazon works to […]
Amazon invests in EV charging start-up and other climate technologies – EQ Mag Pro
Amazon on Wednesday said it invested in three more start-ups as part of its $2 billion Climate Pledge Fund, launched last June. It has invested in 11 companies through the fund that are developing technologies across a wide range of sectors, from transportation and logistics to agriculture and food. Amazon said Wednesday it’s investing in […]
Amazon India biggest fulfillment center in Bengaluru to Be Powered by Solar – EQ Mag Pro
Amazon India opened its biggest fulfillment center in India, with a warehousing capacity of more than 2.4 million cubic feet, in Bengaluru on Monday, ahead of the festive season sales. The e-commerce giant has expanded its total storage capacity by 60 percent with this opening, and now has more than 6.5 million cubic feet of […]
Amazon to buy solar power in Japan under PPA with Mitsubishi – report – EQ Mag Pro
Amazon (NASDAQ:AMZN) is expected to sign a corporate power purchase agreement (PPA) with Japanese trader Mitsubishi Corp (TYO:8058) for the purchase of solar energy from 450 installations in Japan, The Nikkei reports. Through Mitsubishi, the US e-commerce giant will buy electricity generated by solar plants installed by West Holdings Corp (TYO:1407) in the Tokyo Metropolitan […]
Amazon, Flipkart And BigBasket Struggle to Meet India’s Electric-Vehicle Goal
Amazon aims to have 10,000 EVs delivering parcels in India by 2025, while Walmart Inc.’s Flipkart has said it will deploy more than 25,000 EVs and be fully electric by 2030. Flipkart and Amazon have both tied up with Mahindra Electric Mobility Ltd. for three-wheelers and Hero Electric Vehicles Pvt for scooters Sourabh Saini, a […]
