Amazon Partners Royal Dutch Shell and Eneco to Curb Carbon Footprint, 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.

By reading our website you agree to the terms of our disclaimer, which are subject to change at any time. Owners and affiliates are not registered or licensed in any jurisdiction whatsoever to provide financial advice or anything of an advisory nature. Always do your own research and/or consult with an investment professional before investing. Low priced stocks are speculative and carry a high degree of risk, so only invest what you can afford to lose. By using our service you agree not to hold us, our editor’s, owners, or staff liable for any damages, financial or otherwise, that may occur due to any action you may take based on the information contained within our newsletters, website, twitter, Facebook or chat. We do not advise any reader to take any specific action. Our releases are for informational and educational purposes only. Never invest purely based on our articles. Gains mentioned on our website, twitter, Facebook, and on our website may be based on EOD or intraday data. We may be compensated for the production, release, and awareness of this article. We will disclose any and all compensation on the article page. This publication and its owner never hold positions in the securities mentioned in our articles. Our information may contain Forward-Looking Statements, which are not guaranteed to materialize due to a variety of factors. We do not guarantee the timeliness, accuracy, or completeness of the information on our site. The information in our disclaimers is subject to change at any time without notice. We are not held liable or responsible for the information in press releases issued by the companies discussed in these write-ups. Please do your own due diligence