BP to Supply Renewable Energy to Microsoft as Part of Strategic Partnership
By Jaime Llinares Taboada
BP PLC said Tuesday that it is entering a partnership with
Microsoft Corp. to further digital transformation in energy
systems and advance the net zero carbon goals of both
As part of the deal, the FTSE 100 oil giant will supply
Microsoft with renewable energy to help the U.S. technology company
meet its 2025 green energy goals.
"BP will supply renewable energy to Microsoft across multiple
countries and regions including the U.S., Europe and Latin
America," BP said.
In addition, as part of its collaboration with Microsoft, BP
said it has extended an agreement for it to use the Microsoft Azure
Both companies have signed a memorandum of understanding which
also includes commitments to collaborate on city sustainability
initiatives, co-develop clean energy parks, explore ways to empower
energy consumers to manage their home energy use, and to deliver
Industrial Internet of Things solutions to BP facilities.
BP last week announced that it would enter the U.S. offshore
wind market through a partnership with Equinor, which included a
$1.1 billion investment in two wind farm projects.
Write to Jaime Llinares Taboada at firstname.lastname@example.org;
(END) Dow Jones Newswires
September 15, 2020 03:58 ET (07:58 GMT)
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