Amazon to develop 60 MW solar project in South Korea

This will support its target to reach net-zero carbon by 2040.

Amazon is investing in its first renewable energy project in South Korea with an estimated 60-megawatt capacity.

In a statement, Amazon said the project can produce 81,211 megawatt hours of clean energy that can supply power to 25,000 households annually.

“This new solar project in South Korea will help Amazon move closer to achieving its goal of powering our operations with 100% renewable energy by 2025, while also building on our commitment to offer our customers a more sustainable digital transformation,” said Kee Ho Ham, country manager of Amazon Web Services (AWS) Korea.

ALSO READ: How AI is redefining Amazon’s customer review experience

The project, a result of the long-term corporate power purchase agreement between Amazon and energy firm SK E&S, will create around 2,400 job opportunities during construction.

Amazon commits to take up the electricity produced from the project.

The e-commerce platform aims to reach net-zero carbon by 2040 and power its operations using renewable energy by 2025.

Follow the link for more news on

Amazon

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

I want to download the media kit

Top News

India’s Rajasthan and Gujarat need policy reforms to fuel RE transition

Some steps they could take are implementing green tariffs and setting infrastructure funds.

16 hours ago

Global clean energy tech market to hit $2t by 2035

This is fuelled by investments as countries aim to enhance energy security.The global clean energy technology market is projected to grow from $700b in 2023 to over $2t by 2035, nearing the scale of the crude oil market, according to the International Energy Agency (IEA).This growth is fuelled by significant investments in clean technology manufacturing as countries aim to enhance energy security, maintain economic competitiveness, and cut emissions. Investment is concentrated in regions with established positions in clean energy, particularly China, the European Union, the UK, and increasingly, India.Whilst the US, EU, and India have taken measures to support their clean energy sectors, China is expected to remain the world's manufacturing hub. By 2035, China's clean technology exports are forecasted to exceed $340b—comparable to projected oil export revenues from Saudi Arabia and the UAE.Southeast Asia, Latin America, and Africa contribute less than 5% of global cleantech production value, yet the IEA suggests that these areas still hold opportunities within the clean energy economy. Developing economies, for instance, could leverage competitive advantages to advance in the value chain beyond resource extraction.The IEA said Southeast Asia could become one of the most cost-effective regions for producing polysilicon and wafers for solar panels over the next decade.

17 hours ago

NSW OKs Liverpool Range Wind Farm expansion