Amazon Climate Pledge Fund Invests in Electric Hydrogen to Decarbonize Industrial Sectors

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.

Electric Hydrogen is focused on developing and manufacturing electrolyzer technology for green hydrogen production. They aim to decarbonize industries by providing cost-effective solutions for producing hydrogen from renewable energy sources.