Vibrant Energy (Vibrant), a leading corporate renewable energy solutions provider, has signed their third power purchase agreement (PPA) with Amazon for a new 198-megawatt (MW) wind farm in Osmanabad, Maharashtra.
Last year, Amazon had announced its partnership with Vibrant for its first two wind-solar hybrid projects in India. With the addition of this wind project, Amazon has reached a milestone of more than 1.1 GW of renewable energy capacity in India, making them the largest corporate buyer of renewable energy in India, according to data from Bloomberg New Energy Finance.
Mr. Srinivasan Viswanathan, CEO, Vibrant Energy, said “Transitioning to renewable energy is one of the most impactful ways to lower carbon emissions, and Vibrant is at the forefront of supporting corporates in India on their journey towards net-zero carbon electricity. We are proud to have further strengthened our partnership with Amazon with an additional 198 MW wind project in Maharashtra.”
About Vibrant Energy:
Vibrant Energy is a portfolio company of Macquarie Asset Management’s Green Investments (MAM GI) with a mission to lead the decarbonization initiatives for corporate renewable energy customers and help them to attain a more sustainable, resilient, and low-cost energy future. Vibrant is currently operating and delivering c.1.9GW of renewable energy solutions for corporates.
