EDP Signs Power Purchase Agreement with Amazon in Japan
Singapore, 29 January 2025 – EDP, through EDP Renewables APAC, has signed a 20-year Power Purchase Agreement (PPA) with Amazon.
The long-term contract signed with Amazon is linked to EDP’s 44MWp (35MWac) ground-mounted utility-scale solar farm located in Fukushima. The solar farm will be structured with 63,000 solar panels and is expected to generate over 48GWh of energy annually, offsetting more than 20,500 metric tonnes of carbon emissions*. The solar farm is expected to be operational by the third quarter of 2025.
Filipa Ricciardi, Executive Director at EDP Renewables APAC, said: “At EDP, empowering corporations in their transition to renewables is at the core of our mission. Major technology companies like Amazon are driving significant demand for renewable energy to support essential digital services and its operations. Contracting with Amazon allows us to continue to support them on their path towards decarbonization, bringing us all closer to achieving our climate targets. Together, we are forging a future where environmental responsibility is seamlessly integrated with operational excellence."
This marks the second PPA between EDP and Amazon in the APAC region. The first agreement was signed in 2021 in Singapore, demonstrating EDP’s commitment to supporting Amazon in its sustainability journey. This second contract also aligns with EDP's strategic objectives in Japan, underscoring the company's commitment to driving the energy transition and supporting sustainable growth in the broader APAC region.
*Using Japan’s grid emission factor 0.000438 ton-CO2/kWh, Ministry of Environment 2022
View the news release in Japanese here.
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