. Amazon’s continued investment in renewable energy helps to accelerate growth in new regions through innovative deal structures, technologies, and cloud solutions, the company says.
“As we continue to launch new renewable energy projects around the world, we’re pleased to be on track to power our operations with 100% renewable energy, five years ahead of our original target. With 133 projects in 11 countries announced in 2022, Amazon had another record year,” said Adam Selipsky, CEO of AWS.
Last year, Amazon added a third 200 MW wind and solar hybrid project to its portfolio in India. Renewable hybrid energy systems can play a key role in helping India accelerate the decarbonization of power generation and lowering the cost of electricity in the medium term. Such hybrid energy systems combine two technologies with different generation profiles, which reduces variability in renewable generation and improves grid stability.
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