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Amazon, Google Battle for Renewables Crown

Amazon, Google Battle for Renewables CrownAmazon, Google Battle for Renewables Crown

Clean-energy developers are finding plenty of interest in wind and solar power from businesses with sustainability targets, especially technology companies. That was on display in a video tweeted on Thursday by Amazon Chief Executive Officer Jeff Bezos, as he launched the 253-megawatt Amazon Wind Farm Texas in Scurry County. Amazon has bought more than 1.22 gigawatts of output to date from US clean-energy projects, second only to Alphabet Inc.’s Google, with 1.85 gigawatts. Corporations have agreed to buy 1.9 gigawatts of clean power in the US this year, according to Bloomberg New Energy Finance, and are on pace to match the 2.6 gigawatts signed last year. “Companies are declaring 100% renewable-energy targets,” said Kyle Harrison, a New York-based analyst at New Energy Finance. “This will drive new-build regardless of government subsidies. Sustainability is a primary driver.” The Amazon Wind Farm Texas will deliver more than 1 million megawatt-hours of clean energy to the grid annually, Amazon said in a statement on Thursday.

 

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