E-commerce giant Amazon has signed a corporate power purchase agreement (CPPA) to increase its share of output from the Moray West offshore wind farm in Scotland.
The CPPA signed with Engie, which is a 50-50 owner of the Ocean Winds JV with EDP Renewables, increases Amazon’s output share to 473MW when the site becomes operational later this year. According to Engie, that is enough to power more than 650,000 UK homes annually.
Located in the Moray Firth in the northeast of Scotland, the 882MW wind farm is currently under construction and will generate power in 2024. With this signed agreement, Ocean Winds will contribute to Amazon’s goal of powering all operations with 100% renewable energy by 2025, five years ahead of the company’s original target.
The project is expected to inject up to £500m into the local Scottish economy throughout its lifespan, and during construction phases will create and support more than 1,000 jobs in Scotland, with 70 long-term operational roles.
The e-commerce firm announced 39 new renewable energy projects across Europe last year, adding more than 1GW of clean energy capacity to grids in the region which led the company to become Europe’s and the UK’s largest corporate purchaser of renewable energy.
- Promotional Ads -
During that same time, Engie was able to sign 19 deals, spanning five countries, covering over 1GW of clean energy capacity, with its CPPA portfolio now at 7.3GW.
Another big name to sign up for Moray East capacity is Google which signed up to offtake 100 MW back in November 2022.