It has been announced by TotalEnergies that TotalEnergies will contribute to Amazon’s commitment to run its operations on 100% renewable energy, while Amazon will form a strategic collaboration to help TotalEnergies accelerate its digital transformation. This strategic deal will cover both TotalEnergies and Amazon businesses. The following activities are covered by the agreement:

– Renewable Energy: TotalEnergies has signed power purchase agreements to commit to 474 MW of renewable energy capacity in the US and Europe, and Amazon also plans to expand its partnerships in the Middle East and Asia Pacific.

Strategic Collaborations from TotalEnergies and Amazon | Devamı>>>

Following recent news that Amazon AMZN +0.6% had become the world’s largest purchaser of renewable electricity, growing focus on the need for sustainable operations continues to drive the market in corporate power purchase agreements (PPAs). In 2020 corporations bought nearly 24GW of clean energy.

Research published by BloombergNEF (BNEF) showed that corporations purchased a record of 23.7GW of clean energy in 2020, up from 20.1GW in 2019 and 13.6GW in 2018.

Corporate Electricity Purchases Will Drive Clean Energy Growth | Devamı>>>