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Iberdrola and Amazon Ink Power Purchase Agreements for Wind and Solar Projects

Both companies have agreed to join hands for wind and solar potential by inking power purchase agreements (PPA) for projects in Europe, the U.S. and Asia-Pacific.

March 31, 2023. By Nivedita Ojha

Iberdrola and Amazon have promulgated a new global tie-up to help the development of huge scale renewable energy projects and possess cloud computing technology to augment digitalisation in the energy transition.

Both companies have agreed to join hands for wind and solar potential by inking power purchase agreements (PPA) for projects in Europe, the U.S. and Asia-Pacific.

Two of Iberdrola’s offshore windfarms sites in Germany viz., Baltic Eagle and Windanker will facilitate Amazon with 1.1 terawatt-hours (TWh) of clean energy per year, which is equal to the annual electricity requirements of over 314,000  European households.

Aitor Moso, Director of Iberdrola’s Retail Business said: “The challenge of electrifying our energy system to increase our autonomy and reduce emissions requires partnerships between leaders like Iberdrola and Amazon. The agreement today, combining sun, wind, and cloud, will enable new renewable generation capacity around the world and accelerate the digital revolution in the energy sector. AWS technologies will support our digital strategy to continue increasing quality of supply and provide cleaner and fully-interconnected energy services for our customers.”

This agreement will help Amazon to work on the path to power its functions with 100% renewable energy by the year 2025.

Amazon Web Services will assist the energy entity as it venture into further digitalisation to help the smarter power grids, user and client engagement, and connected renewable power.
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