Iberdrola has signed its largest-ever global PPA to develop large-scale renewable projects with Amazon.
The pair have agreed to collaborate 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.
Baltic Eagle and Windanker offshore wind farms will provide Amazon with 1.1TWh of clean energy each year, which is equivalent to the annual electricity needs of more than 314,000 European homes.
Baltic Eagle is located in the Baltic Sea, north of the island of Rügen and will have a total capacity of 476MW when completed in 2024.
Windanker, also located in the Baltic Sea, will have 300MW of installed capacity and will be completed in 2026.
The projects form part of Iberdrola’s Baltic Hub, which will have a total capacity of 1100MW, making it one of the largest offshore wind clusters in the region.
In addition to the agreement with Amazon for renewable energy, Iberdrola has selected Amazon Web Services, Inc. (AWS) as its preferred cloud provider.
AWS will support the energy company as it embarks on further digitalisation to support smarter grids, customer engagement, and connected clean power.
Iberdrola’s executive chairman Ignacio Galán (pictured) 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.”