22 September 2022 | Other

Amazon promotes renewable energy sources

Amazon.com Inc. targets to use completely renewable energy in its business by 2025. According to the company, its several new projects will produce 2.7 gigawatts of clean energy power.

Amazon has 71 new projects in the sphere of renewable energy sources. After including them, the total number will be 379. With their help, the company sets a goal of producing 50,000 gigawatt hours (GWh) of clean energy from its entire inventory. This energy could supply power to 4.6 million houses in the U.S. each year.

The company's new projects include the first solar farm in Poland, 3 large-scale power plants in India, state Rajasthan producing 420 megawatts (MW) of clean energy, and rooftop solar projects in France and Austria.

Company MarketCheese
Period: 31.08.2026 Expectation: 1150 pips
Go long on USDCAD with 1.41250 in sight
Today at 09:42 AM
Period: 30.09.2026 Expectation: 2700 pips
Buying GBPUSD up to 1.3600
Today at 09:08 AM 1
Period: 14.08.2026 Expectation: 400 pips
Invest in Brent crude with $88.50 target
Today at 08:38 AM 4
Period: 07.08.2026 Expectation: 770 pips
GBPUSD sharp rally gives way to correction
Today at 06:00 AM 7
Period: 06.08.2026 Expectation: 800 pips
Selling S&P 500 Index with 7,250 target amid rising bearish pressure
Yesterday at 11:31 AM 32
Period: 31.08.2026 Expectation: 1500 pips
EURUSD sell-off targets 1.1300
Yesterday at 11:14 AM 37
Go to forecasts