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TotalEnergies signs renewable power purchase agreement with Air Liquide

Posted on July 26, 2021July 26, 2021
TotalEnergies signs renewable power purchase agreement with Air Liquide 1

PARIS, FRANCE: TotalEnergies, through Lampiris, its energy supply affiliate in Belgium, signed a Corporate Power Purchase Agreement with Air Liquide.

TotalEnergies will supply 50 GWh per year of renewable electricity over a period of 15 years. Air Liquide will use this renewable energy to power some of its industrial and medical gas production sites in Belgium.

TotalEnergies will supply Air Liquide with this electricity from an offshore wind farm located in the Belgian North Sea. With a strong expertise across the integrated electricity chain, TotalEnergies proves its ability to provide competitive and available renewable electricity to support Air Liquide in its sustainable development objectives.

This agreement also illustrates TotalEnergies’ commitment to contribute to Belgium’s energy transition, while promoting low carbon solutions for its customers. The wind-generated electricity will save about 270,000 tons of CO2 emissions over the life of the contract.

“A growing number of companies are shifting to renewable energy, and we want to support them on their path towards carbon neutrality. There is a dynamic market for corporate PPAs in Europe, and we want TotalEnergies to take a strong leadership position”, said Julien Pouget, Senior Vice President Renewables at TotalEnergies.

This contract with Air Liquide follows other Corporate PPAs signed earlier this year by TotalEnergies with Orange, Microsoft and Merck.

As part of its ambition to get to net zero by 2050, TotalEnergies is building a portfolio of activities in renewables and electricity that should account for up to 40% of its sales by 2050. At the end of 2020, TotalEnergies’ gross power generation capacity worldwide was around 12 GW, including 7 GW of renewable energy.

TotalEnergies will continue to expand this business to reach 35 GW of gross production capacity from renewable sources by 2025, and then 100 GW by 2030 with the objective of being among the world’s top 5 in renewable energies.

Lampiris is the third largest supplier of renewable energy and gas in Belgium. The company supplies approximately one million connections and offers various solutions for self-consumption (by installing solar panels) and electric mobility. Lampiris is a 100% subsidiary of TotalEnergies.

TotalEnergies SE

35.62 EUR−0.020 (0.056%)today

26 Jul, 9:08 am GMT+2 ·Disclaimer

www.totalenergies.com

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