Corporate PPA deals down 10% in 2025 as AI demand plugs gaps
BloombergNEF global report finds corporate clean energy procurement fell in 2025 for first time in nine years amid negative pricing and policy uncertainty. Big Tech leads procurement as number of cPPA offtakers halved in the United States. Solar remains the top generating technology for cPPAs.
US court approves Amazon acquisition of 1.2 GW Oregon solar project
A US bankruptcy court approved Amazon’s purchase of the 1.2 GW Sunstone solar and battery storage project in Oregon from bankrupt developer Pine Gate Renewables.
Amazon leads funding round for US silicon solid-state battery maker
Blue Current, which has a pilot production line in California, will use funding from an $80 million financing round led by Amazon to advance commercialization of its silicon solid-state battery technology for stationary storage and mobility applications in the United States.
Amazon’s $20 billion investment to support new solar farms
Cloud computing giant Amazon will invest $20 billion over the next five years to expand its data center network in Australia with the funding to also support the development of three new solar farms with more than 250 MW capacity.
Amazon buying big on solar
For the past five consecutive years, tech and retail giant Amazon has been the world’s largest procurer of renewable energy, investing in projects and signing power purchase agreements (PPAs) all over the world. pv magazine spoke with representatives of the company about its ambitious energy plans.
The challenge of truly clean-powered operations
Growing corporate interest in hourly matching power purchase agreements (PPAs) is expected to drive the pairing of PV, wind, and battery energy storage systems (BESS), with potential broader impacts on the energy procurement market, as Neil Ford reports.
X-Elio signs 20-year PPA with Amazon for 14 MW of solar in Japan
Spain’s X-Elio has signed a 20-year power purchase agreement (PPA) with Amazon for the entire output of its 14 MW Funaki solar plant in Japan, which is expected to generate 18,686 MWh per year by mid-2025.
Amazon to build 300 MW of hybrid wind-solar capacity in India
Amazon says it wants to deploy two hybrid wind-solar facilities in India.
Amazon invests in US-based solar cell production facility
Ambient Photonics will build a fully automated manufacturing facility to produce solar cells for powering consumer electronics.
The mobility rEVolution: Portable EV charging stations for personal and shared use
In other news, BYD’s quarterly profit is up by 241% buoyed by demand for battery-powered cars, Ford takes a US$3.1 billion loss on its Rivian stake and cuts 580 jobs as part of corporate restructuring, and ABB agrees to provide its full portfolio of EV charging technology to Shell.
