Both companies hope to pursue cooperation in the Middle East and the Asia-Pacific region.
Amazon intends to capitalise on its cooperation with TotalEnergies to reduce carbon emissions. The French energy company wants to speed up digitalised production and sale of fossil fuels through cloud-based services.
TotalEnergies, one of the world’s largest oil and gas companies, has plans to become carbon-neutral by 2050 and to raise to 40 % the share of its sales attributable to renewables and electricity.
Amazon’s plan is to use strictly renewable energy sources by 2025 and decarbonise its entire activity by 2040. The Internet retail giant is already the largest buyer of green energy in the United States and Europe — and its renewable energy portfolio at the moment totals 10 GW.
The company opened its fist dedicated solar energy station five years ago. It currently has more than 200 renewable energy projects throughout the world.
IT giants are undergoing a transition to renewable energy the world over. Amazon has become a leader in new projects. Not far behind are Microsoft, Google and Facebook.
Google last year boosted its projects, agreements and overall capacity in solar and wind energy to 6.2 GW. Microsoft expanded its renewables portfolio to 2.7 GW. Within the United States, corporate clients have generated the greatest demand for green energy.