Investing in three new renewable energy projects in Greece, Amazon announced today, bringing to eight the total number of power purchase agreements (PPAs) it has signed in the country. It said these projects are part of a broader effort to invest in new sources of clean, carbon-free energy, supporting its Climate Pledge initiative through which the company is committed to achieving zero carbon emissions across its operations by 2040.

The plants have a capacity of 657 MW of carbon-free capacity, the equivalent of powering 330,000 Greek households. “Amazon is committed to driving the transition to carbon-free energy both for our operations and for the local communities where our customers live and work,” said Thanasis Patsakas, Country Manager Greece, Amazon Web Services (AWS). “That’s why we are proud to support eight wind and solar power deals in Greece to date, making Amazon the leading corporate buyer of renewable energy in Greece and across Europe in 2024.”

Amazon’s recent deals include the Elzet solar power plant and the Menelos wind farm, both owned by Greenvolt Energias Renovaveis, a Portugal-based renewable energy project developer. The Elzet solar power plant is located in the region of Thessaly while the Menelou wind farm is located in the region of Western Greece. The Hellas Green solar power plant, developed by Luxcara, is located in Western Macedonia

Environment and Energy Minister Theo Skylakakis said: “Greece, by its very nature, has in its possession a valuable tool for achieving the energy transition, Renewable Energy Sources. Amazon, with its decision to invest, once again, in our country, in three new Renewable Energy Sources projects – specifically in Thessaly, Western Greece and Western Macedonia – contributes catalytically to the achievement of this national goal. Initiatives such as this, for the further penetration of Renewable Energy Sources in our electricity system, lead to significant benefits for local communities: New jobs are created, while at the same time households gain access to cheap electricity. For our part, in the Greek Government, in order to achieve further penetration of Renewable Energy Sources, we are taking all necessary actions to keep this market healthy in the current demanding phase of the energy transition.”

In 2024, Amazon announced similar agreements for the Vermio wind farm in Western and Central Macedonia and the wind farms at Messokorfi and Koukouras in the Peloponnese. These projects are expected to start generating power in 2026.