From the current market trends, it is no secret that most tech companies are moving to the renewable energy sector. Why is that? Recent reports claim that the renewable energy sector holds maximum potential since the transition to clean energy is here. For the providence of good services, several companies have signed-up partnership agreements to work on the venture. Total and Microsoft join the many other partnerships to support the net-zero emission target. Learn more about this deal from the details below.
Recent reliable reports claim that Total and Microsoft agree to partners as strategic partners with a critical interest in helping the global energy move. The two companies have decided to co-innovate and explore several areas before settling for the main project. And some of the areas that the companies have taken an interest in include sustainable and digital transformation to improve the net-zero economy transition.
The companies are working on developing and later deploying low-carbon and carbon removal technologies. Both companies are currently working on reducing the carbon emissions in their factories. This year, Microsoft made a public announcement claiming that the company is committing to 100% renewable energy in five years. On the other hand, Total aims to arrive at 35 GW of renewable power capacity in 2025, and by the end of this decade, they strive on 100 GW.
Total will come in handy in Microsoft plans to secure renewable energy via power purchase agreements. Currently, the first PPA is up and running, aiming at 47 MW for Microsoft operations in Spain. The transition to renewable energy is part of Microsoft’s sustainability objectives, where the company is working on reducing its dependency on diesel fuel by the end of this decade.
Total under the affiliate Saft will help Microsoft create a long-term plan to free itself from diesel operations. A report from Microsoft claims that large-scale batteries will play a key role in its journey to eliminate its diesel dependency. The Total and Microsoft partnership’s main reason revolves around large batteries and the long-term deployment of these batteries to serve as backup plans in vital infrastructure.
Patrick Pouyanne, the Total CEO, explained that the joint venture with Microsoft is beneficial since the two companies can use their expertise to come up with better solutions. Also, Patrick claims that the two companies are working towards environmental safety. In addition to that, Patrick highlighted the company’s commitment to using its skills to support Microsoft in its journey to clean energy.
Satya Nadella, the Microsoft CEO, claims that the company can use digital technology to decrease greenhouse emissions. Also, the CEO stated that their partnership with Total would help both companies achieve their sustainability goals.https://goodnewsgum.com/