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Source: Facebook/Amazon.com

Amazon Announces New Investments In Solar Power

By Kristin Hunt

Amazon is making a push towards sustainability with new commitments to renewable energy and recycling. Last week, the company announced plans to install 20 megawatts worth of solar panels at fulfillment centers in the U.K. and invest $10 million in the Closed Loop Fund, which aims to improve recycling infrastructure in the United States.

The U.K. solar installations will take place over the next 18 months. Amazon is targeting 10 fulfillment center rooftops, and claims this network will generate enough electricity to power the equivalent of 4,500 homes. The new panels will also, Amazon says, reduce its carbon footprint by 6,500 metric tons of carbon dioxide per year.

These solar installations represent a piece of a wider company goal. Amazon is aiming to install solar systems on 50 fulfillment centers by 2020, and this U.K. bundle will get it one-fifth of the way towards that target.