On Thursday, Amazon announced that the company is investing in 26 new solar and wind farms in Europe, North America, Australia and Africa. In total, the projects will have an installed capacity of 3.4 GW.

According to Amazon, the company is now the largest private investor in renewable energy ever thanks to its investment in 2020 of more than 4 GW.

– We are well on our way to running 100 percent of our business with renewable energy by 2025 – five years earlier than our original goal of 2030, says Jeff Bezos, Amazon’s CEO, in a press release.

The wind farm in Hästkullen in Västernorrland will be the company’s third and largest investment in terms of capacity in Sweden. The park is under construction and is expected to be operational in 2022.

Will supply offices, logistics centers and data centers with electricity

The company has previously invested in wind farms in Bäckhammar in Värmland and in Björnlandshöjden in Västernorrland. These comprise 91 and 122 MW respectively.

In comparison, the third investment in Hästkullen will be a big deal, with its 275 MW. In total, the three Swedish wind farms will thus cover 488 MW when they are completed.

The investment is made in the form of a so-called PPA agreement, power purchase agreement, which means that Amazon undertakes to buy electricity from the wind farm for a long time. Exactly how long the agreement runs does not reveal the company. The contract form is becoming increasingly popular for renewable energy because the facility owner then knows what income the park will provide.

Amazon’s first wind farm in Sweden, Bäckhammar, has recently been put into operation. The other two will start in 2022.

The company’s plan is for the Swedish wind power projects to supply Amazon’s offices, logistics center and AWS data center with renewable electricity.