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AWS Launches Accelerator 3.0 To Help Startups Develop Clean Energy Technologies

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AWS Launches Accelerator 3.0 To Help Startups Develop Clean Energy Technologies

(CTN News) – Amazon Web Services (AWS), an Amazon.com company (NASDAQ: AMZN), has announced the launch and application call for the Clean Energy Accelerator 3.0, a high-speed, non-equity-dilutive accelerator that fosters partnerships with mature startups developing clean energy breakthroughs.

During a session at the United Nations Climate Change Conference (COP27) in Sharm el-Sheikh, Egypt, Kara Hurst, Vice President of Worldwide Sustainability at Amazon, announced the initiative.

According to the International Energy Agency, 40% of the CO2 reductions needed to achieve net-zero emissions by 2050 will be achieved by technology not yet commercially available. For ambitious climate goals, such as the UAE’s Net Zero by 2050 plan, this is especially relevant.

The energy sector has made significant progress in developing clean energy technologies; however, the world still has a long way to go before it can meet its decarbonization goals.

Through the AWS Clean Energy Accelerator 3.0, we are aiming to stimulate co-innovation through energy collaborations as well as meet the requirements of mature entrepreneurs from around the world.

Amazon’s Vice President of Worldwide Sustainability, Kara Hurst, remarked that “the path to rapid decarbonization is not straightforward, and we must partner with and highlight companies that are developing clean energy technologies.”

Many of the innovations that can contribute to the acceleration of the energy transition have been developed by startups.

This year’s cohort of Clean Energy Accelerators will be able to tackle the toughest challenges faster and create a cleaner, healthier planet with the assistance of the Clean Energy Accelerator.”

Among the topics covered by industry and thought leaders during the program are energy, digital competencies, investment, public policy, innovation, and cutting-edge research.

In addition to offering guidance on how to speed up experimentation, extend automation, and gain deeper insights using the cloud, leading energy corporations will collaborate with selected startups to address sustainable energy and decarbonization issues.

To jumpstart their cloud-based data and operations transformation, the selected finalists will receive a $100,000 AWS Credit through AWS Activate, as well as technical and business mentoring from AWS.

AWS (Amazon Web Services) Overview

Amazon Web Services has been the world’s most comprehensive and widely used cloud platform for over 15 years. There are more than 200 fully featured AWS services for compute, storage, databases, networking, analytics, machine learning, and artificial intelligence (AI).

There are 80 availability zones within 25 geographical regions for the Internet of Things (IoT), mobile, security, hybrid, virtual and augmented reality (VR and AR), media, and application development, deployment, and management.

In Australia, India, Indonesia, Spain, Switzerland, and the United Arab Emirates, 18 additional  Availability Zones and six additional AWS Regions have been announced.

Many companies, including the fastest-growing startups, largest enterprises, and leading government agencies, trust AWS to power their infrastructure, become more agile, and lower costs. AWS can be accessed at aws.amazon.com.

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