Amazon partners with Abdul Latif Jameel on renewables, digitalisation

US e-commerce giant Amazon.com Inc (NASDAQ:AMZN) and Saudi Arabian diversified business Abdul Latif Jameel on Tuesday unveiled a digital partnership and a renewable energy agreement.

The renewables deal will see Spain-based developer and independent power producer Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel, supply Amazon with power from five solar projects in Spain, supporting Amazon’s commitment to powering its operations with 100% renewable energy. The solar farms, indulging one in operation and four slated for completion in 2024, are expected to produce over 1.5 TWh a year, corresponding to the demand of more than 400,000 European homes. Further details about the projects were not provided.

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Amazon is a large corporate buyer of renewable energy. It was a distant first in 2022 with 10.9 GW of power purchase agreements (PPAs), according to BloombergNEF data.

In the other agreement between the companies, Abdul Latif Jameel has selected Amazon Web Services Inc (AWS) as its preferred cloud provider to drive its digital transformation. It will use AWS analytics, machine learning and generative artificial intelligence to develop product innovations and improve business processes.

Yasser Hassan, AWS managing director of commercial sector for Middle East, North Africa, and Turkey (MENAT), commented. “By collaborating with Abdul Latif Jameel on its cloud-first strategy and advancing the use of renewable energy, we can drive significant progress toward our shared goals of reducing carbon emissions and creating a more digital and sustainable future.”