These 85 agreements cover 5 continents: North America, South America, Asia, Europe, Oceania. Engie confirms its position as world leader in the PPA market with a total portfolio of 14 GW of PPAs already contracted.
This performance includes new contracts with Meta in the United States, the expansion of the global partnership with Google including new developments in Belgium and the United States, as well as agreements with other companies in the Tech sector. Engie also signed contracts with new sectors such as public services, chemicals or the medical sector.
The PPA market has been supported in recent years by a growing need for decarbonized electricity in all sectors of activity, and in particular in the technology and digital sector where new high-energy-consuming uses such as AI have emerged.
Engie stands out with a commercial performance of 1.5 GW of PPAs signed in North America, which reflects the high demand for renewable electricity in this region. The contracts signed in 2024 cover eight new projects, which will be in production between 2024 and 2026. These projects include the Chillingham park (350 MW) located near Austin, in northern Texas, Engie's largest solar project to date in the United States.
In addition to PPAs linked to the supply of electricity from solar, wind and hydroelectric assets, Engie is a pioneer in the field of Biomethane Purchase Agreements (BPAs), for which it has signed several major contracts, such as with Arkema or BASF in 2024.
“In 2024, we confirmed our status as a leader in the PPA market thanks to our in-depth expertise in energy marketing to meet a wide range of demand profiles and our diversified renewable asset base” said Edouard Neviaski, Deputy Managing Director in charge of Supply & Energy Management activities. “In 2025, we will continue our development in the growing PPA market, particularly in the United States, by continuing to evolve our offering towards a tailor-made supply for our customers.”
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