Amazon and Vibrant Energy, a subsidiary of Macquarie Group’s Green Investment Group (GIG), have announced a partnership in which they have signed 300MW worth of wind and solar power purchase agreements (PPAs) in India.
The two wind and solar hybrid projects will be located in the states of Madhya Pradesh and Karnataka and would have a combined renewable energy capacity of 300MW.
These initiatives are anticipated to produce 1,163,000 megawatt hours (MWh) of clean energy once they are up and running. Amazon currently has five utility-scale renewable energy projects in India totaling more than 720MW of capacity, including three solar farms in Rajasthan.
According to Abhinav Singh, director – customer fulfillment, supply chain and global specialty fulfillment, Amazon India, they continue to generate momentum for their investments in renewable energy in India as the largest corporate buyer of renewable energy internationally. The two new initiatives mark the first global wind-solar hybrid projects for Amazon.
Moreover, they have engaged with government and industry players in India to open up more corporate renewable energy procurement in the nation, and they are on track to power all of their activities throughout the world with renewable energy by 2025. Through utility-scale projects in India, they have attained over 720MW of renewable energy capacity this year.
Two cloud regions are run by AWS in Mumbai and Hyderabad. The company intends to open Local Zones in Delhi, Kolkata, and Bangaluru, with one of those locations opening its doors in October. The 33 Amazon CloudFront Edge sites in India at the moment are in Mumbai (10), New Delhi (7), Chennai (7), Bangalore (4), Hyderabad (3), and Kolkata (2).
In August, the company leased 5.5 acres from Indian conglomerate Larsen & Toubro Ltd. (L&T) in Mumbai’s Powai neighborhood, which is once more anticipated to host a data center. The business acquired more than 50 acres outside of Mumbai in Thane in October.
According to Srinivasan Viswanathan, CEO of Vibrant Energy, Vibrant and Amazon’s partnership will promote the use of renewable energy by Indian companies. They anticipate that India will be one of the first countries in the world to use similar hybrid projects to deliver renewable energy. They feel privileged to work with Amazon as it moves toward using only renewable energy for all of its businesses by 2025.
The portfolio of Vibrant Energy now includes 132MW of operational projects, is delivering 1.6GW worth of projects, and has an active 2GW+ development pipeline. Blueleaf Energy, a portfolio company owned by Macquarie’s Green Investment Group, owns a majority stake in the business.
