Amazon and Other Tech Giants Race to Buy Up Renewable Energy
June 23, 2021
As technology companies reshape the market, they face pressure to demonstrate that their investments are reducing overall emissions (June 23, 2021)
The race to secure electricity deals for power-hungry data centers has tech companies reshaping the renewable-energy market and grappling with a new challenge: how to ensure their investments actually reduce emissions.
Amazon.com Inc. said it planned Wednesday to announce commitments to buy 1.5 gigawatts of production capacity from 14 new solar and wind plants around the world as part of its push to purchase enough renewable energy to cover all of the company’s activities by 2025.