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'Google And ENGIE Strengthen Their Partnership Through Power Purchase Agreements In Belgium'

Benzinga ·  00:11

Google and ENGIE have just signed a series of new Corporate Power Purchase Agreements (cPPAs) for which ENGIE will provide more than 118 MW of renewable power to Google's digital infrastructure portfolio in Belgium.

ENGIE, a global reference in low-carbon energy and services, will support the operations and the expansion of Google in Belgium, thanks to five new corporate Power Purchase Agreements (cPPAs). Both companies have longstanding cooperation in the country and had already concluded several cPPAs together in various countries in the last years.

Aiming to achieve net-zero emissions and 24/7 carbon-free energy by 2030, Google will receive the full production of 4 new-to-the-grid onshore wind farms developed by ENGIE in Belgium, representing a total capacity of 26 MW. Moreover, Google and ENGIE also agreed to extend the existing offtake from the 92MW cPPA from another Belgian wind park already in operation for another 8 years. ENGIE will therefore be supplying Google with more than 118 MW of renewable capacity to power its infrastructure in Belgium. This is equivalent to around 3.7 TWh of carbon-free energy.

These news deals foster ENGIE's pole position on the PPA market. ENGIE became the largest developer of renewable projects to the attention of corporates as the Group sold 2.4GW of green electricity to industry and large energy consumers in 2023. Last year, ENGIE announced 34 deals across six markets and was the only developer to announce PPAs for these three technologies: solar, onshore wind and offshore wind.

As announced in its #ENERGIZE2030 strategy, the ambition of ENGIE in the country is to lead the energy transition by building up with its customers and partners the carbon-free, reliable and affordable energy system of tomorrow. To achieve this, ENGIE will, among other things, accelerate the development of renewables up to 2.5GW by 2030, but also draw on its unmatched capabilities as a global midstreamer to deliver low carbon energy to its clients.

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