Amazon surpasses 1.1 GW of renewable vitality capability in India

Business Standard

E-commerce and cloud big Amazon on Tuesday stated it has crossed 1.1 gigawatts of renewable vitality capability in India with the addition of a brand new 198-megawatt wind farm venture in Osmanabad, Maharashtra.

With this, the corporate now has 50 wind and photo voltaic initiatives throughout India.

Asserting the addition of “a brand new 198 MW wind farm in Osmanabad, Maharashtra, the corporate brings the corporate to 50 wind and photo voltaic initiatives throughout India and exceeds 1.1 GW of renewable vitality capability.”

Along with being the most important purchaser of renewable vitality globally – a place Amazon has held since 2020 – Amazon has additionally turn into the most important purchaser of renewable vitality in India, the corporate stated.

“Amazon’s wind and photo voltaic initiatives will assist energy all of our operations on 100% renewable vitality by 2025, whereas offering jobs and financial advantages to Indian communities.

“We’re desperate to proceed contributing to India’s financial and environmental objectives as a part of Amazon’s dedication to changing into a extra sustainable enterprise,” Abhinav Singh, vp of operations at Amazon India, stated in a press release.

Amazon stated that between 2014 and 2022, the corporate’s wind and photo voltaic farms helped generate an estimated US$349 million (about Rs 2,885 crore) in direct and oblique funding for Indian communities.

“In addition they contributed about US$87 million (about Rs 719 crore) to the nation’s GDP, and supported greater than 20,600 full-time equal native jobs in 2022 alone, in line with a brand new financial mannequin developed by Amazon,” the assertion stated. .

(Solely the title and picture of this report might have been reworked by Enterprise Commonplace employees; the remainder of the content material is auto-generated from a syndicated feed.)

First revealed: October 31, 2023 | 9:00 pm he

Leave a Reply

Your email address will not be published. Required fields are marked *