Amazon.com, Inc. (NASDAQ:AMZN) has affirmed its commitment and renewed interest in clean energy. The e-commerce giant has inked a strategic partnership with Royal Dutch Shell and renewable firm Eneco. The retail giant has been under immense pressure over the amount of carbon footprint its retail operations generate.
Amazon Wind Energy Push
Likewise, the tech giant has inked a strategic partnership under which Royal Dutch Shell and Eneco are to supply it with electricity from their offshore wind farm. The strategic partnership is part of Amazon’s push to be net carbon neutral by 2040.
Starting 2024, Amazon will start taking as much as 380 megawatts of capacity from the Hollandske Kust Noord offshore wind farm. The wind farm is currently under development by the two energy firms Royal Dutch Shell and Eneco. The purchase will propel Amazon to one of the largest corporate buyers of renewable energy.
Located off the Dutch coast, Hollandse Kust Noord will have a total capacity of 759 MW and scheduled to come to no operation as early as 2023. The clean energy plant underscores how oil and gas companies are under immense pressure to change their ways as the push to curb carbon footprint heats up.
Clean Energy Push
In recent years, oil and gas companies have had to change their ways as they fight against fossil fuel heats up. Royal Dutch Shell is increasingly ramping up investments in clean energy as the oil and gas business comes under pressure on the ongoing fight against fossil fuel.
Likewise, retail heavyweights of the likes of Amazon have also come under scrutiny in recent years over the amount of carbon emission generated from their operations. Amazon boasts of a massive transport and data center network that has come under scrutiny given the amount of carbon emission it generates.
With the company generating close to 10 billion items a year, there has been calls for it to lean more towards clean energy in a bid to reduce its carbon footprint. Amazon has also faced protests from environmental activists and pressure from employees to take action on its carbon footprint and climate change.
