This post is a part of DIL Intelligence series from Energy Alternatives India (EAI), India’s leading climate-tech consulting firm.
DIL stands for Decarbonization for India’s Leaders and provides comprehensive market intelligence and updates to Indian corporate leaders on prominent decarbonization efforts across the Indian industrial ecosystem. DIL is provided by EAI’s strategy consulting team. More about our consulting from here.
Amazon has been actively investing in various sectors related to decarbonization in India. In the wind energy sector, Amazon has announced a 198-megawatt (MW) wind farm in Osmanabad. The company is investing in green hydrogen companies that use water and renewable electricity to produce emissions-free green hydrogen.
In the solar energy sector, Amazon has announced several solar projects in Rajasthan, representing 420 megawatts (MW) of clean energy capacity. It has also announced seven utility-scale renewable energy projects in India since September 2022.
In the electric vehicle sector, Amazon India has launched its global last mile fleet program in India with 100% electric vehicles (EVs), a global first for the company. The program enables Delivery Service Partners (DSPs) to lease a fleet of tailored three-wheeler EVs through a fleet management company. Amazon India’s fleet of delivery vehicles in the country will include 10,000 electric vehicles (EVs) by 2025.
Indian Partnerships in Decarbonization
The company has invested in Infinium, which has developed ultra-low carbon fuels that can be used in air transport, marine freight, and heavy truck fleets, as an alternative to fossil-based diesel and jet fuels. In the area of smart grids, Amazon has invested in several IoT startups in India (like Zenatrix, and Smartron), which could potentially contribute to the development of smart grid technology.
They have also partnered with Bengaluru-based EV firm SUN Mobility to pilot and deploy innovative battery-swapping technology in their delivery fleet.
Amazon’s Climate Pledge Fund has invested in an India-based startup, ION Energy, which develops software to enhance the performance of lithium-ion batteries in EVs and energy-storage systems.
Globally, Partnerships in Decarbonization
The company co-founded The Climate Pledge with Global Optimism in 2019, committing to reach net-zero carbon emissions by 2040. More than 400 companies across 18 industries and 12 countries have joined this pledge.
Amazon has partnered with companies like Rivian, Redwood Materials, and Turntide Technologies to create decarbonizing technologies. They have also invested in Infinium, a renewable electro-fuels solution provider, to convert carbon dioxide and hydrogen feedstocks into net-zero carbon fuels.
Amazon has collaborated with companies like Alaska Airlines, Clean Energy Buyers Alliance (CEBA), IBM, Proctor & Gamble, and the United States Agency for International Development (USAID) to share sustainability best practices and goals to reach net-zero carbon emissions.
This post is a part of DIL Intelligence series from Energy Alternatives India (EAI), India’s leading climate-tech consulting firm.
DIL stands for Decarbonization for India’s Leaders and provides comprehensive market intelligence and updates to Indian corporate leaders on prominent decarbonization efforts across the Indian industrial ecosystem. DIL is provided by EAI’s strategy consulting team. More about our consulting from here.
