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Home > Data Center > Digital Realty signs 10-year power purchase agreement with ENGIE

Digital Realty signs 10-year power purchase agreement with ENGIE

A 10-year power purchase agreement was signed between ENGIE and Digital Realty which will encourage the growth of renewable energy in Germany.


Ezgi Koc Ezgi Koc
February 8, 2023
2 min read
Digital Realty Signs 10 year power purchase agreement with Engie
  • Digital Realty, one of the world’s major cloud providers, has inked a 10-year power deal with ENGIE, a French utility business involved in energy transition, renewable energy, and other areas.
  • Digital Realty has attained 100% renewable energy consumption throughout its European and American properties.
  • Many corporations have recently invested in renewable energy as sustainability is expected to impact data centers’ operations hugely.

Digital Realty signed a 10-year power purchase agreement with ENGIE, a French utility company that operates in the energy transition, renewable energy, and more. This deal will encourage the growth of renewable energy in Germany. Digital Realty has achieved 100% renewable energy coverage throughout its entire European and US portfolios, resulting in 64% renewable energy coverage across its worldwide portfolio in 2021, a 14% increase over 2020.

Supporting renewable energy

With the Science-Based Target initiative (SBTi), Digital Realty established aggressive science-based carbon emissions targets in 2020, becoming the first global data center company of its size and scope to do so. The company has pledged to cut Scope 1 and 2 emissions by 68% and Scope 3 emissions by 24% by 2030. CEE Group is currently building the Brandenburg solar farm. ENGIE created the PPA before connecting the supplier with Digital Realty. The Brandenburg solar park is scheduled to open this year.

Volker Ludwig, Managing Director of Digital Realty
Volker Ludwig, Managing Director of Digital Realty

Renewable energy is an essential component of every business’s supply chain. The usage of renewable energy by a corporation helps to lower its carbon footprint and the environmental impact of its activities. It also assists the company in lowering its operational costs, which can boost profitability and allow for greater investment in other areas. Many businesses have been investing in renewable energy as of late. 85% of Asia Pacific data center managers believe that sustainability will substantially impact their operations and decision-making.

Volker Ludwig, Managing Director of Digital Realty says:

« The climate challenge is one of the critical issues facing society today. As an industry-leader, Digital Realty focuses on supporting the evolving needs of our global customer base, helping them deliver growth, while supporting net-new renewable energy projects where we operate. »

 

See more Data Center News


Tags: Digital Realty TrustEngie
Ezgi Koc

Ezgi Koc

Ezgi Koc is an editor at Cloud7. She graduated from Ege University with a bachelor's degree in English Language and Literature. She has always had great interest in technology, both hardware and software, since her childhood and decided to pursue a career that would enable her to broaden her horizons in this field. She is very passionate about video games as a Twitch affiliate and streams games in her free time.

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