Amazon, Meta and Google buy more clean energy than any other companies
Summary
Amazon , Facebook parent company Meta , and Google, owned by parent company Alphabet , are the top three corporate purchasers of wind and solar energy, according to a report published Wednesday from the American Clean Power Association, an industry group. These procurement totals are since the first time these companies have announced they were buying wind and solar power last decade. From 2012 to 2022, the amount of wind and solar energy bought by companies has increased by an average of 73 percent per year. The technology sector is the clear leader when it comes to buying clean energy, and has contracted 48 percent of all wind and solar power. The time it takes to go from a company buying wind or solar power and the project being online depends, but most of the procured projects are expected to come online in the next three years, a spokesperson for American Clean Power told CNBC.