Spanish utility Iberdrola and Amazon have signed a PPA to develop large-scale renewable projects in collaboration.
The pair have agreed to partner on new wind and solar capacity by signing offtake agreements for projects in Europe, the US and Asia-Pacific.
The deals will help Amazon stay on path to power its operations with 100% renewable energy by 2025 – five years ahead of its original 2030 commitment.
Under the agreement, Baltic Eagle and Windanker offshore wind farms will provide Amazon with 1.1 TWh of clean energy each year, which can supply annual electricity needs of more than 314,000 European homes.
Located in the Baltic Sea, north of the island of Rügen, Baltic Eagle wind farm will have a total capacity of 476 MW when completed in 2024.
Windanker, also located in the Baltic Sea, will have 300 MW of installed capacity and will be completed in 2026.
The companies will also partner with Amazon Web Services Inc (AWS), which will serve as Iberdrola’s preferred cloud provider. AWS’ IT infrastructure will help the energy company optimise renewable energy production, modernise the power grid to integrate renewables and improve visibility across its operations. The companies are also developing an Advanced Smart Assistant application for Iberdrola customers.
Iberdrola’s executive chairman Ignacio Galán 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,” Galán added.
"AWS technologies will support our digital strategy to continue increasing quality of supply and provide cleaner and fully-interconnected energy services for our customers."