Amazon buys 1.2GW Sunstone solar-plus-storage project from bankrupt Pine Gate

Amazon is actively investing in renewable energy to power its operations, both through direct acquisitions and power purchase agreements. They are expanding their portfolio with solar-plus-storage and nuclear energy in the US. Furthermore, Amazon is collaborating with energy companies and acting as an offtaker for renewable energy projects in Europe, including wind power in Poland and broader renewable energy initiatives in France.

Pine Gate Renewables is a developer and owner-operator of utility-scale solar and energy storage projects across the United States. They focus on the development, financing, construction, and operation of clean energy facilities.