Amazon tie-up with Amp Energy to establish its first solar project in India

Amazon establishing its first solar project in India: Amazon said that its first solar farm would be located in India. Three solar power plants with a combined capacity of 420 megawatts (MW) will be built in Rajasthan by the largest e-commerce company, Amazon. Along with Amp Energy, Amazon has also contracted to 210 MW and 110 MW projects with ReNew Power and Brookfield Renewables, respectively.

Amp Energy and Amazon tie-up: Key Points

• Amp Energy India, a producer of renewable energy (RE), has signed a power purchase agreement (PPA) to sell RE to Amazon from a 100 MW solar power facility in Rajasthan as part of Amazon’s plans for India.
• By the end of 2023, the facility at Bhadia, Rajasthan, will be completely operational. One gigawatt (GW) of utility size projects are also being developed by Amp. 1,13,645 tonnes of hazardous CO2 emissions will be reduced thanks to this solar power facility.

Amazon other plans:

• Aside from Amp Energy, Amazon has also agreed to a 210 MW project with ReNew Power and a 110 MW project with Brookfield Renewables.
• These solar farms can produce 1,076,000 megawatt hours (MWh) of RE yearly, which is enough to power more than 360,000 average-sized homes in New Delhi.
• Additionally, 23 new solar rooftop projects worth a combined 4.09 MW have been launched by Amazon for its fulfilment centres spread across 14 Indian cities. As a result, India now has 41 solar rooftop projects with a combined renewable energy capacity of 19.7 MW.

Important Takeaways for All Competitive Exams:

• Amazon Founder: Jeff Bezos
• Amazon CEO: Andy Jassy