Amazon, TotalEnergies inks PPA for supplying 474 MW renewable energy
POWER & RENEWABLE ENERGY

Amazon, TotalEnergies inks PPA for supplying 474 MW renewable energy

France-based TotalEnergies, a leading oil and gas company, and Amazon have announced a partnership in which TotalEnergies will provide Amazon with 100% renewable energy for its operations.

TotalEnergies will supply 474 MW of renewable energy to Amazon in the United States and Europe under a power purchase agreement (PPA) signed by the two companies.

Both companies are also planning to expand their collaboration in the Middle East and the Asia Pacific.

TotalEnergies would thus support Amazon in meeting its goal of using renewable energy to power all of its operations by 2030 and achieving net-zero carbon emissions by 2040.

Amazon, on the other hand, will provide cloud computing services via Amazon Web Services (AWS) to help TotalEnergies improve its information technology and digitalise its operations.

The digital factory intends to strengthen its infrastructure, speed, reliability, and innovative services by utilising cloud computing.

TotalEnergies currently has 7 GW of renewable energy capacity around the world, with plans to increase that to 35 GW by 2025 and 100 GW by 2030.

President of Gas, Renewables and Power at TotalEnergies, Stephane Michel, noted that the company is committed to lowering its carbon footprint and assisting its customers to do the same worldwide.

Michel added that the company is relying on Amazon and AWS to help them progress in their accelerating shift in the speed, scale, and advancement of digitalization.

Amazon launched a $1 billion sustainability bond in May to fund ongoing and new green projects across five important green zones. Through the green, social, and sustainability bonds, the corporation is anticipated to finance green and social projects.

Amazon announced 26 new utility-scale wind and solar energy projects with a combined capacity of 3.4 GW in December 2020, bringing its total renewable energy investment in 2020 to 35 projects with a total capacity of more than 4 GW.

Image Source


Also read: India to increase renewable capacity to 68 GW in five years

France-based TotalEnergies, a leading oil and gas company, and Amazon have announced a partnership in which TotalEnergies will provide Amazon with 100% renewable energy for its operations. TotalEnergies will supply 474 MW of renewable energy to Amazon in the United States and Europe under a power purchase agreement (PPA) signed by the two companies. Both companies are also planning to expand their collaboration in the Middle East and the Asia Pacific. TotalEnergies would thus support Amazon in meeting its goal of using renewable energy to power all of its operations by 2030 and achieving net-zero carbon emissions by 2040. Amazon, on the other hand, will provide cloud computing services via Amazon Web Services (AWS) to help TotalEnergies improve its information technology and digitalise its operations. The digital factory intends to strengthen its infrastructure, speed, reliability, and innovative services by utilising cloud computing. TotalEnergies currently has 7 GW of renewable energy capacity around the world, with plans to increase that to 35 GW by 2025 and 100 GW by 2030. President of Gas, Renewables and Power at TotalEnergies, Stephane Michel, noted that the company is committed to lowering its carbon footprint and assisting its customers to do the same worldwide. Michel added that the company is relying on Amazon and AWS to help them progress in their accelerating shift in the speed, scale, and advancement of digitalization. Amazon launched a $1 billion sustainability bond in May to fund ongoing and new green projects across five important green zones. Through the green, social, and sustainability bonds, the corporation is anticipated to finance green and social projects. Amazon announced 26 new utility-scale wind and solar energy projects with a combined capacity of 3.4 GW in December 2020, bringing its total renewable energy investment in 2020 to 35 projects with a total capacity of more than 4 GW. Image Source Also read: India to increase renewable capacity to 68 GW in five years

Next Story
Infrastructure Urban

ADB Approves $200 Mn Loan to Strengthen Kolkata’s Infrastructure

The Asian Development Bank (ADB) has approved a $200-million loan to support the development of climate- and disaster-resilient sewerage and drainage infrastructure in Kolkata. The initiative aims to enhance the city's livability, particularly benefiting vulnerable populations, including women and children. This project is part of the Kolkata Municipal Corporation Sustainability, Hygiene, and Resilience (Sector) Project, which seeks to improve sanitation, urban flood management, and overall public health outcomes. Kolkata, one of India’s most densely populated cities, struggles with inadequ..

Next Story
Infrastructure Urban

Mahanadi Waterfront Project to Transform Cuttack’s Riverfront

The State government, in collaboration with urban development authorities and environmental experts, has announced the conceptualization of the Mahanadi Waterfront Project, a landmark initiative aimed at revitalising the riverfront while promoting ecological conservation and urban development. This transformative project will enhance the quality of life for residents, boost tourism, and preserve the river’s cultural, historical, and environmental heritage. A high-level meeting was convened at Kharabela Bhawan, chaired by Dr. Krushna Chandra Mahapatra, Minister of Housing and Urban Developme..

Next Story
Infrastructure Transport

Kolkata Metro Introduces Multi-Ticket QR System

Starting February 28, Kolkata Metro Railway will allow commuters to purchase multiple paper-based QR tickets in a single transaction across all lines except the Purple Line (Joka-Majerhat). Until now, passengers could buy only one ticket per transaction, often leading to long queues and increased waiting times. The new system enables the purchase of up to seven tickets in one go, significantly improving ticketing efficiency and commuter convenience. The service will be available on the following lines: Blue Line (Dakshineswar-New Garia) Orange Line (New Garia-Ruby Crossing) Green Line (How..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?