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ENGIE signs 650MW in PPAs with Amazon

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ENGIE announced Monday it signed several energy offtake contracts with the tech-giant, Amazon. The deals account for a 650MW global renewable energy portfolio of wind and solar projects across the U.S., Italy, and France.

Through these contracts and projects, Amazon aims to power its operations with 100% renewable energy by 2030.

ENGIE: to power the largest Tech-giant operations in the U.S.

This Monday, the French-utility ENGIE, announced it signed several power-offtake contracts with Amazon. Through Corporate Power Purchase Agreements (PPAs), ENGIE will provide renewable energy production to the Tech-giant.

For ENGIE, this operation is the largest portfolio of agreements signed at once with a single counterparty. In 2019, ENGIE signed over 2000MW worth of clean energy Corporate PPAs in the U.S. and Europe (notably in Spain).

In the U.S. the new solar and wind energy projects between ENGIE and Amazon represent 569MW distributed in Delaware, Kansas, North Carolina, Ohio, and Virginia.

Those projects are expected to supply Amazon’s operations with about 1850 GWh of power annually. ENGIE aims to create approximately 300 wind and 210 solar construction jobs throughout the projects’ development. The company expects these projects to reach commercial operation in 2021.

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Amazon operations in Europe and impressions

In Europe, Amazon’s contracts with ENGIE will add up to 66MW in Italy and 15 M.W. in France. These are the company’s first utility-scale renewable energy projects in both countries. In this sense, Amazon will purchase electricity from two solar facilities located in Southern Italy and another in Southern France to power its operations in Europe.

“These new projects with ENGIE represent our first utility-scale renewable energy projects in Italy and France in Europe and our first projects in Delaware and Kansas in the U.S. They substantially help us on our path to powering our operations with 100% renewable energy by 2030,” said Nat Sahlstrom, Director, Amazon Energy.

“Working with ENGIE, we are able to add 650 MW of new power to grids in the U.S. and Europe. Our push for more renewable energy is one step toward our goal of reaching net-zero carbon by 2040 as part of Amazon’s commitment to The Climate Pledge,” he added

“These contracts demonstrate ENGIE’s capabilities to commercialize green energy internationally for our customers, and in North America – as elsewhere – we recognize that bold commitments are needed from global companies and local communities alike to lead the way to clean energy use,” said Gwenaëlle Avice-Huet, ENGIE’s Executive Vice President in charge of the Renewables Business Line and Chief Executive Officer of ENGIE North America.

“We are excited to work with Amazon to create a clean, prosperous, low carbon future – and create economic benefits for the communities involved,” the vice president concluded.

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