Amazon received the green light from Indian authorities to start trading renewable energy sources in the country. After securing a category-III energy trading license, the e-commerce giant is building up a series of wind and solar energy projects in India. The license allows the company to trade electricity of up to 4,000 million units annually. Amazon has signed a total of 720 MW worth of energy purchasing agreements in India. It has also signed agreements with partners such as Vibrant Energy, ReNew Power Global, Amp Energy India and Brookfield Renewable.

Source: carboncredits