Microsoft and European Energy have reached an agreement on a series of PPAs that will supply the IT giant with electricity that will be produced from European Energy's portfolio of wind and solar farms in Sweden and Denmark. The energy company announced this in a statement.
In the "long-term agreements", European Energy will deliver over 3.6 TWh over the contract period, the lengths of which are not specified.
- We are pleased that Microsoft has committed to driving the green transition forward. The rollout of renewable energy depends on major stakeholders committing to purchasing the renewable electricity produced from these assets, which requires significant investment, said Jens-Peter Zink, Vice President of European Energy.
The agreement supports Microsoft’s goal of meeting all of its energy needs with renewable energy by 2025 and being CO2-negative by 2030.
- We are pleased that the projects we have contracted with European Energy have achieved commercial operation – which directly contributes to our sustainability goals, said Adrian Anderson, General Manager for Renewables, Carbon Free Energy and Carbon Dioxide Removal (CDR).
amp
Text, graphics, images, sound, and other content on this website are protected under copyright law. DK Medier reserves all rights to the content, including the right to exploit the content for the purpose of text and data mining, cf. Section 11b of the Copyright Act and Article 4 of the DSM Directive.
Customers with IP agreements/major customer agreements may only share Danish Offshore Industry articles internally for the purpose of handling specific cases. Sharing in connection with specific cases refers to journaling, archiving, or similar uses.
Customers with a personal subscription/login may not share Danish Offshore Industry articles with individuals who do not themselves have a personal subscription to Danish Offshore Industry.
Any deviation from the above requires written consent from DK Medier.
