Spain: Total Signs a 45 MW Renewable Corporate Power Purchase Agreement with Merck1
2021年5月20日 - 3:38PM
ビジネスワイヤ（英語）
Regulatory News:
Total (Paris:FP) (LSE:TTA) (NYSE:TOT):
Total and MSD, known as Merck & Co. signed a major renewable
corporate power purchase agreement (CPPA) over a period of 10
years, with 90 GWh a year of clean energy produced by a 45 MW
utility-scale solar power projects from Total’s portfolio in Spain,
Castilla La Mancha region.
As part of its ambition to get to net zero by 2050, together
with society, Total actively supports its customers and partners in
their efforts to reduce the carbon footprint of their activities
through their energy transition.
With a strong expertise in the development, construction and
operation of renewable energy projects, Total was chosen as a
trusted partner to contribute to MSD’s ambition to source 100% of
its purchased electricity with renewables.
“This agreement with MSD contributes to securing the revenues of
our solar projects in Castilla La Mancha region in Spain and paves
the way to launching the construction of new sites,” said Julien
Pouget, Senior Vice President Renewables at Total. “Our global
portfolio of renewables projects makes us one of the key players to
supply green electricity to corporate players willing to
decarbonize their electricity consumption and thus reduce their
carbon footprint in order to accelerate the transition toward a
carbon neutral world.”
“This contract is an important step for MSD toward meeting its
commitment to sustainability by bringing carbon-free energy to the
Spanish grid and reducing the environmental impact of our European
operations. As a human and animal health company, we see our
renewable energy strategy as fully integrated with MSD’s mission to
save and improve lives”, said Susanna Webber, senior vice
president, Global Supplier Management Group and Chief Procurement
Officer, MSD.
Total, renewables and electricity
As part of its ambition to get to net zero by 2050, Total 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, Total's gross power generation capacity worldwide was
around 12 GW, including 7 GW of renewable energy. Total 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.
About Total
Total is a broad energy company that produces and markets fuels,
natural gas and electricity. Our 100,000 employees are committed to
better energy that is more affordable, more reliable, cleaner and
accessible to as many people as possible. Active in more than 130
countries, our ambition is to become the responsible energy
major.
Cautionary note
This press release, from which no legal consequences may be
drawn, is for information purposes only. The entities in which
TOTAL SE directly or indirectly owns investments are separate legal
entities. TOTAL SE has no liability for their acts or omissions. In
this document, the terms “Total”, “Total Group” and Group are
sometimes used for convenience. Likewise, the words “we”, “us” and
“our” may also be used to refer to subsidiaries in general or to
those who work for them. This document may contain forward-looking
information and statements that are based on a number of economic
data and assumptions made in a given economic, competitive and
regulatory environment. They may prove to be inaccurate in the
future and are subject to a number of risk factors. Neither TOTAL
SE nor any of its subsidiaries assumes any obligation to update
publicly any forward-looking information or statement, objectives
or trends contained in this document whether as a result of new
information, future events or otherwise.
1 Also known as MSD (Merck & Co. Inc of Kenilworth, New
Jersey in the US and Canada)
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