Microsoft and Repsol Partner for Spanish Renewable Energy

• Microsoft and Repsol team up for 230 MW of renewable energy from Spanish wind and solar farms, part of Microsoft's goal for 100% renewable energy by 2025.

Microsoft has signed virtual power purchase agreements with Repsol for 230 MW of renewable energy from Spanish wind and solar farms. The six contracts have 12-year terms and are tied to three wind and three photovoltaic parks, set to be operational by December 2025. This is part of Microsoft's goal to source 100% of its energy supply from renewable sources by 2025.

The partnership between Repsol and Microsoft began in 2017, initially focusing on cloud solutions. The latest agreements bring the total capacity of PPAs between the two companies to 320 MW. Repsol has committed to investing between EUR 3 billion and EUR 4 billion to increase its renewables capacity to up to 10 GW, with half of that capacity targeted in the Iberian Peninsula.

What is the significance of Microsoft's virtual power purchase agreements with Repsol?

• The virtual power purchase agreements between Microsoft and Repsol signify a significant step towards Microsoft's goal of sourcing 100% of its energy supply from renewable sources by 2025.
• The partnership between Repsol and Microsoft began in 2017, with a focus on cloud solutions, and has now expanded to include renewable energy procurement.
• The six contracts have 12-year terms and are tied to three wind and three photovoltaic parks in Spain, set to be operational by December 2025.
• This partnership brings the total capacity of PPAs between Microsoft and Repsol to 320 MW, showcasing a commitment to sustainable energy practices.
• Repsol has committed to investing between EUR 3 billion and EUR 4 billion to increase its renewables capacity to up to 10 GW, with half of that capacity targeted in the Iberian Peninsula.