Located in the PJM market, Yellowbud has an executed power purchase agreement (PPA) with Amazon.
“Amazon is deeply committed to the state of Ohio, where we’re investing in and scaling new renewable energy projects like Yellowbud that will help power our operations with 100% renewable energy, while also bringing new jobs, economic benefits, and new sources of clean energy to local communities,” said Amazon Head of Energy, Water and Sustainability, Nat Sahlstrom. “We’re eager to continue contributing to Ohio’s economic and environmental goals as part of Amazon’s commitment to become a more sustainable business.”
During operations, Yellowbud is estimated to generate $90 million in tax revenue, jobs, landowner income and charitable initiatives.
“Many in our areas have seen the recent local growth of the solar industry through projects like Yellowbud, and they are eager to learn more about energy innovations,” said Roberta Milliken, Dean of Campus and Community Relations at Ohio University Chillicothe. “Our partnership with National Grid Renewables enables us to find ways to bring the conversation about renewable energies to our students and to also equip teachers with relevant and beneficial information about it.”
Amazon recently announced it has built the first economic analysis to identify the impact of its renewable energy projects at the global, U.S., and state levels.
Globally, from 2014 through 2022, Amazon’s wind and solar farms helped generate $12.6 billion in investments and contributed more than $5.4 billion in global GDP, the company said. In 2022 Amazon’s solar and wind farms supported 39,000 full-time equivalent jobs.
In the U.S., during the same time period, Amazon’s wind and solar farms helped to generate $8.8 billion of investment and support, contributing more than $4.2 billion GDP, it said. In 2022, its renewable projects supported 12,800 jobs in the U.S.