ENGIE has forged a 19-year Virtual Power Purchase Agreement (VPPA) with Hewlett Packard Enterprise (HPE) to enhance both companies’ commitment to sustainable energy solutions. The agreement involves ENGIE delivering 10MW of renewable energy through the JTC Corporation SolarRoof Programme (Phase 4 Pack 1), with the potential to add another 10MW from ENGIE’s renewable assets. The VPPA supports HPE’s efforts to transition to 100% renewable energy.
The deal showcases a collaborative effort between ENGIE Global Energy Management & Sales, HPE, and Schneider Electric, acting as HPE’s consultant. Together, they have structured a resilient and efficient framework for the VPPA, which offers corporations like HPE a direct route to secure clean energy while maintaining operational adaptability. This initiative plays a vital role in HPE’s strategy to drastically reduce carbon emissions and achieve its ambitious sustainability targets.
The agreement underscores the increasing role of VPPAs in corporate energy strategies, as companies look for innovative ways to decarbonize operations. By securing a long-term renewable energy supply, ENGIE is positioned as a key player in the global transition to clean energy, helping organizations like HPE make tangible progress in their environmental objectives.
