Amazon Expands Swedish Wind Power Portfolio with Four New Investments
Amazon has expanded its wind power portfolio in Sweden by signing four new power purchase agreements (PPAs) for projects that will add nearly 200 MW of carbon-free energy capacity to the country. The investments are part of Amazon's target to achieve net-zero emissions across its operations by 2040.
The four agreements bring Amazon's total investments to nine large-scale wind power projects in Sweden, with an estimated combined capacity of 985 MW. The projects are being developed by two Nordic renewable energy companies, OX2 and Eolus, across central and southern Sweden.
The new investments cover the following projects: Fageråsen (132 MW), Boarp (17.5 MW), Dållebo (18 MW), and Fågelås (31.5 MW). While three of these projects are already operational, construction is underway at Fageråsen.
Amazon said investments in new carbon-free energy projects can provide benefits beyond the company's own operations by adding additional generation to the electricity grid used by households, hospitals, schools and businesses. The company also highlighted the role of wind power projects in supporting energy infrastructure and local economies.