It moves to sixth position from 42nd place Companies like Apple, Alphabet, Amazon and others are the regulars in the top ten list of the world’s most innovative companies, but for Huawei, it is the first time. This ICT infrastructure provider has taken a leap from 42nd place in the list to the sixth position. […]
Amazon to launch $2 bln venture capital fund to invest in clean energy: WSJ
The new fund will be called “The Climate Pledge Fund”, the report said, adding that it will invest in companies across a number of industries such as transportation, energy generation, battery storage, manufacturing and food and agriculture Amazon.com Inc will launch a $2 billion internal venture capital fund that will focus on technology investments to […]
Amazon Announces $2 Billion Climate Pledge Fund to Invest in Companies Building Products, Services, and Technologies to Decarbonize the Economy and Protect the Planet
Seattle, United States: Amazon (NASDAQ:AMZN) today announced The Climate Pledge Fund to support the development of sustainable technologies and services that will enable Amazon and other companies to meet The Climate Pledge—a commitment to be net zero carbon by 2040. This dedicated venture investment program—with an initial $2 billion in funding—will back visionary companies […]
Amazon Announces Five New Utility-Scale Solar Projects to Power Global Operations in China, Australia, and the U.S.
Seattle, United States: The five projects include Amazon’s first renewable energy project in China, second in Australia, second and third in Ohio, and 12th in the Commonwealth of Virginia, with a combined 615 MW of additional renewable capacity and an expected generation of 1.2 million MWh of energy annually, or enough to power 113,000 average U.S. […]
Amazon Clicks Buy on 615 Megawatts of Large-Scale Solar
Tech giant may reach its 100 percent renewables goal five years early, but environmentalists remain skeptical of its climate goals. Amazon will add 615 megawatts of solar projects to its existing and announced renewables portfolio of more than 2.9 gigawatts, the technology and shipping giant said on Thursday. The projects will go up across the […]
HOW MICROSOFT & AMAZON PLAN TO GO CARBON NEGATIVE
Climate change is real, and the rise of the earth’s temperature will cause tens of millions of people to migrate in the next decade. The increasing climate crisis will make most of the unsustainable for humans. Thus, the United Nations human rights committee has ruled that it will be unlawful for governments to deport migrants […]
Amazon India to include 10K EVs in delivery fleet by 2025
Amazon, in a statement, said it piloted electric vehicles in several cities across India in 2019 and is now expanding this initiative across the country New Delhi : E-commerce major Amazon India on Monday said its fleet of delivery vehicles in the country will include 10,000 EVs by 2025. Amazon’s rival, Flipkart had in June […]
Amazon Backs Renewables Projects on Path to 100% Clean Power
Amazon.com Inc will invest in three new wind and solar projects as it moves toward a goal of meeting 80% of its energy needs from renewable sources by 2024, and 100% by 2030. The company has entered the U.K.’s largest corporate wind power purchase agreement as part of its backing for the 50-megawatt Amazon Wind […]
Amazon Co-founds The Climate Pledge, Setting Goal to Meet the Paris Agreement 10 Years Early
Commits to net zero carbon by 2040 and 100% renewable energy by 2030 Orders 100,000 fully-electric delivery vehicles, the largest order ever for electric delivery vehicles Invests $100 million in reforestation projects around the world to begin removing carbon from the atmosphere now Launches new sustainability website to report progress on commitments WASHINGTON, D.C.: Today, […]
Amazon joins Walmart in blaming Tesla solar panels for fires
Amazon.com Inc. said a June 2018 blaze on the roof of one of its warehouses in Redlands, California, involved a solar system that Tesla’s SolarCity division installed. New Delhi: Walmart Inc. isn’t the only corporation that has seen its Tesla Inc. solar panels catch fire. On Friday, Amazon.com Inc. said a June 2018 blaze on […]