The AES Corporation has announced it has entered into two renewable energy Power Purchase Agreements (PPAs) with Amazon. As part of the agreements, AES will deliver renewable energy in the CAISO (California Independent System Operator) market and source it from a combined 450 MW of solar and 225 MW, 4-hour duration battery energy storage from its portfolio of projects.
Additionally, AES has contracted with Fluence to supply energy storage solutions for one of the projects.
With the help of these projects, Amazon says that it hopes to stay on path to power its global operations with 100 per cent renewable energy by 2025 – five years ahead of its original 2030 target – and reach net zero carbon by 2040.
According to recent figures, Amazon is one of the largest corporate buyers of renewable energy in the United States, alongside other big tech companies such as Microsoft, who have also recently entered into PPAs with AES.
“AES is proud to support Amazon’s bold actions to power its business operations, including its AWS data centres, with 100 per cent renewable energy,” said Andrés Gluski, AES President and CEO. “Together with Amazon, we are showing how customised energy solutions and innovative thinking can help organisations of all kinds to decarbonise their operations and the grid.”
Through collaboration with its customers to help meet their unique energy commitments and outcomes, AES signed nearly 5 GW of new PPAs globally in 2021 and was ranked by BNEF as the top developer selling clean energy to corporations through PPAs.