Would you like to receive notifications on latest updates of the following headlines?

Denmark's European Energy Signs Long-term Power Deals with Microsoft

POSTED ON June 12, 2024 •   Technology      BY Abiodun Saheed Omodara
Microsoft signage is seen at the company's headquarters in Redmond, Washington, US, January 18, 2023. l Credit: REUTERS/Matt Mills McKnight l Source: AASWAT

Danish renewables group European Energy has entered into several long-term power purchasing agreements (PPAs) with Microsoft to supply the US tech firm with green electricity, the Copenhagen-based company said on Wednesday.

"The renewable energy will be produced by a portfolio of wind and solar assets in Sweden and Denmark," European Energy said in a statement.

It will under the agreements deliver more than 3.6 terawatt hours (TWh) over the contract period, supporting Microsoft's goal to meet all its energy demand with power from renewable sources by 2025 and be carbon negative by 2030, it said.

READ ALSO
Tinubu, Ogun leaders champion tech innovation
BY Abiodun Saheed Omodara December 26, 2024 0

The City Boy Movement, Ogun State Chapter, awarded N14m to winners of its technology grant initiativ...

READ ALSO
SEC promises transparency, fairness in fintech regulation
BY Abiodun Saheed Omodara December 24, 2024 0

LAGOS, Nigeria - The Securities and Exchange Commission (SEC) has assured stakeholders in the fintec...

READ ALSO
NSE president, Oguntala advocates AI to tackle pipeline vandalism
BY Benedicta Bassey December 19, 2024 0

NIGERIA — In a bid to ensure pipeline integrity in various monitoring systems, the president o...

READ ALSO
NEOM invest in automated robotic technology for construction projects
BY Abiodun Saheed Omodara December 13, 2024 0

NEOM has signed a landmark investment agreement with GMT Robotics, one of Europe’s emerging in...

READ ALSO
Meta offers $1m to Trump’s inaugural fund
BY Benedicta Bassey December 12, 2024 0

UNITED STATES —  Meta has donated $1 million to President-elect Donald Trump’s inau...

READ ALSO
LASG to boost revenue with technology
BY Abiodun Saheed Omodara December 4, 2024 0

Lagos State Governor, Babajide Sanwo-Olu has stated that his administration would boost the state&rs...

READ ALSO
Microsoft faces legal action over cloud computing licenses
BY Abiodun Saheed Omodara December 4, 2024 0

Microsoft faces legal action in Britain over a claim that thousands of businesses using cloud comput...

READ ALSO
Google, Meta advocate delay of Bill banning under-16 from social media
BY Benedicta Bassey November 26, 2024 0

Australian, Oceanic —Tech giants Google and Meta have urged the Australian government to...

OUR CHANNELS:

Lagos drug lords jail 28 years, forfeit VGC houses
BY Abiodun Saheed Omodara December 27, 2024 0

LAGOS,Nigeria - Four drug kingpins involved in the historic seizure of 2,139.55 kilograms of cocaine...


CBN blames old pipelines for oil revenue drop
BY Abiodun Saheed Omodara December 27, 2024 0

The Central Bank of Nigeria has attributed the significant decline in oil revenue for the third quar...


Two killed, 15 injured on Lagos-Ibadan expressway on boxing day
BY Abiodun Saheed Omodara December 27, 2024 0

The Federal Road Safety Corps has confirmed the death of two people and 15 others injured in a lone...


NHIA inaugurate groundbreaking initiative to reduce mortality
BY Abiodun Saheed Omodara December 27, 2024 0

NIGERIA (NAN) - The federal government, through the National Health Insurance Authority (NHIA) has i...


FCT CP Inspects Recreational Centers in Abuja
BY Ebiakuboere England December 27, 2024 0

ABUJA- The Federal Capital Territory's Commissioner of Police, CP Olatunji Disu, made an operational...


University of Abuja Denies Allegations of Bias in Vice Chancellor Appointment Process
BY Ebiakuboere England December 26, 2024 0

The University of Abuja has denied allegations of bias and irregularities in the ongoing process to...


Govs, ministers advocate peace, unity at Christmas
BY Benedicta Bassey December 26, 2024 0

NIGERIA — Governors, ministers, and lawmakers have called on Nigerians to embrace peace and un...


Okpebholo swears in perm secs urges efficient, transparent service
BY Benedicta Bassey December 26, 2024 0

EDO STATE, Nigeria  —Edo State Governor, Monday Okpebholo, has sworn in new permanent sec...


Osun advocate railway service extension to enhance economic productivity
BY Benedicta Bassey December 27, 2024 0

OSUN STATE, Nigeria —The Osun State government has called on the Nigerian Railway Corporation...


38 dead in Azerbaijan Airlines plane crash on Christmas Day celebration
BY Benedicta Bassey December 26, 2024 0

No fewer than thirty-eight people reported lost their lives following the Azerbaijan Airlines plane...


More Articles

Load more...

Menu