BP to provide Amazon with renewable electricity for European data centers

BP announced Wednesday that it will start providing Amazon with renewable electricity to fuel European data centers that power the tech giant's cloud platform.

Why it matters: Data centers are very energy thirsty, and account for a great deal of the tech sector's carbon emissions.

• More broadly, Big Tech faces increasing pressure to act more aggressively on climate change.
• The move also signals how Big Oil is slowly diversifying, although fossil fuels remain their dominant products.

What's next: Starting in 2021, BP said it will provide Amazon with 122 megawatts of capacity from an onshore wind farm under development in Sweden, and 50 MW from a new solar project in Spain.

• They eventually plan on deals encompassing over 400 MW of renewable capacity.

Go deeper: The climate stakes of speedy delivery