An American multinational technology and E-commerce company, one of the top 5 in the US, has started operations of its solar and wind farm in China (26 October 2022). It is a great example of initiatives to build a better future for the world.
These wind and solar projects have a clean energy capacity of 200 MW and are expected to produce 496,000 MWh each year — the equivalent of powering 250,000 homes.
The company reached 85% renewable energy across its businesses in 2021. It is on a path to achieve a 100% renewable energy target by 2025, five years ahead of its original commitment (2030).
The company`s solar farm in Shandong, China brought in an investment of US$139 million invested. At peak development, the project created more than 800 construction jobs.
The developer for the company`s wind farm in Qian'an contributed to the local community by donating to COVID-19 relief, distributing medical supplies, and running environmental awareness campaigns & tree plantation drives.
The projects are ESG (Environmental, Social and Governance) wins for the company as they not only provide clean energy but are also resulting in investments in local communities by providing environmental, economic, and educational contributions.
