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News
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LCG, March 6, 2025--Canadian Solar Inc. (Canadian Solar) announced today that e-STORAGE, a subsidiary of Canadian Solar majority-owned subsidiary CSI Solar Co., Ltd. (CSI Solar), has secured Battery Supply Agreements and Long-Term Service Agreements (LTSA) for two major battery energy storage projects developed by Aypa Power, a Blackstone portfolio company. These projects are designed to improve grid resilience and support renewable energy integration. Construction of the projects is planned to begin in Q3 2025.
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LCG, March 5, 2025--GE Vernova and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced yesterday the signing of a strategic framework agreement (SFA) designed to (i) support AWS’s data center scaling and (ii) provide collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonization of electric power systems.
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Industry News
GE Vernova and AWS Announce Strategic Framework Agreement to Support AWS's Data Center Growth and to Address Global Energy Demand and Grid Challenges
LCG, March 5, 2025--GE Vernova and Amazon Web Services, Inc. (AWS), an Amazon.com, Inc. company, announced yesterday the signing of a strategic framework agreement (SFA) designed to (i) support AWS’s data center scaling and (ii) provide collaboration to address increasing global energy demand, advance grid security and reliability, and decarbonization of electric power systems.
Through the collaboration, GE Vernova will provide AWS with new offerings across a wide range of solutions to electrify data centers across North America, Europe, and Asia, and to support AWS's commitment to achieve net-zero carbon emissions by 2040. Conversely, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI.
GE Vernova's Chief Commercial Officer stated, “We are excited to work in collaboration with AWS as they advance their computing capabilities and data center capacity. We believe that GE Vernova is well positioned through its broad portfolio of energy products and services to help AWS obtain reliable, cost effective, and more sustainable electricity for its data centers in support of their growth objectives. We appreciate the opportunity to work strategically with a company that embraces innovative solutions and values strong collaboration.”
GE Vernova will continue to provide AWS with turnkey substation solutions to support connectivity of AWS data centers to the grid, including expansion of major electrical equipment, project management, and construction support.
GE Vernova will collaborate with AWS regarding renewable energy supplies, with a focus to enhance the path for commercializing onshore wind development projects. Moreover, GE Vernova and AWS will explore additional opportunities for GE Vernova to provide power generation equipment and services to AWS, along with GE Vernova’s accelerator businesses – Advanced Research, Consulting Services, and Financial Services – to advance energy transition innovation, research, project development, and financing.
Under the new SFA, AWS will provide GE Vernova cloud services solutions to advance its cloud migration and digital innovation efforts, including through generative AI. The expanded collaboration should lead to new potential technologies and cloud services, including AWS High Performance Computing (HPC). Furthermore, the collaboration should enable GE Vernova to accelerate development cycles and optimize operations for advanced digital technology solutions through large computational power and cloud elasticity. In addition, the collaboration may accelerate GE Vernova’s operational goals, leveraging AWS technologies in artificial intelligence, big data, and data analytics.
AWS's General Manager, Energy & Utilities, stated, “Through this expanded collaboration with GE Vernova, we’ll be able to accelerate data and energy efficiencies, driving reliable and more sustainable operations. Our shared goals of addressing increased global energy demand, advancing grid security, and decarbonizing electric power systems will help our customers across the globe.”
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