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Amazon Says It Is Now the No. 1 Corporate Purchaser of Renewable Energy


With a newly announced slate of green energy investments, Amazon (NASDAQ: AMZN) is now the world's top corporate investor in such technology, the company said in a press release distributed on Thursday.

The giant retailer's new projects comprise 26 new energy-generation facilities powered by either wind or solar. All told, the production capacity of the 26 is 3.4 gigawatts of electricity. With these, Amazon's overall involvement in renewable energy for 2020 comprises 35 projects that collectively have over 4 gigawatts of capacity.

Image source: Getty Images.

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Source Fool.com

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