Repsol (MC: REP ) and Microsoft (NASDAQ: MSFT ) have renewed their strategic collaboration agreement focused on accelerating the digital transformation of the Spanish group and the global energy transition.
The two companies will jointly develop new digital solutions based on artificial intelligence, and Repsol will supply renewable energy – wind and solar photovoltaic – to Microsoft for its operations in Europe, including Spain.
Likewise, Repsol will expand the use of Microsoft cloud solutions to enhance its operations, including a new commitment to the Azure platform.
According to a press release sent by the companies, Microsoft will obtain 100% of its energy supply from renewable energies in 2025, while Repsol, which was the first company in its sector to announce the goal of achieving carbon neutrality in 2050, aims to place its renewable generation capacity at 7.5 GW in 2025 and 15 GW in 2030.