Business India ×
 Climate Change

Collaboration
Published on: June 15, 2022, 1:03 p.m.
Petronas. Microsoft in a co-innovation effort
  • Representatives of Microsoft and Petronas signing co-operation agreements for solar power sourcing and co-development of digital solutions to help the latter in its decarbonization efforts; Photo Credit: Microsoft .

By Business India Editorial

Malaysian oil and gas company, Petronas, through its subsidiary Amplus Solar, has entered into a long-term renewable energy partnership with tech major Microsoft for a 100-megawatt (MW) solar project in Rajasthan. 

The co-innovation effort will be focused on building an intelligent platform powered by data and artificial intelligence (AI) to support Petronas’s decarbonisation efforts while establishing a unified sustainability data hub to record, report, and reduce emissions. 

“Our partnership with Microsoft, one of the largest corporate buyers of renewable energy in the world today, is a testament to our innovation-driven projects and dedicated focus on enabling corporations to meet their sustainability goals,” said Bacho Pilong, Senior Vice President of Project Delivery and Technology, Petronas. 

“The collaboration also fortifies our common commitment to leverage digitalisation and technology to achieve sustainability’s triple bottom line of people, planet, and profit. We hope this will spur and catalyse more cross-industry synergy to collectively bring forth a better tomorrow,” added Bacho. 

Petronas said, it aspires to achieve net-zero carbon emissions by 2050 as part of its holistic approach to sustainability that balances Environment, Social and Governance (ESG) elements. Towards this end, the company continues to accelerate its efforts towards reducing Scope 1 and Scope 2 greenhouse gas emissions. 

“To achieve a net-zero carbon future, we believe in partnering with every industry to harness the power of technology to address the climate challenges we are confronted with today,” said Jean-Philippe Courtois, Microsoft’s Executive Vice President, and President, National Transformation Partnerships. 

He added that the collaboration enabled both companies to “bring together deep knowledge and technical expertise to further digital transformation in the energy industry with the potential of having a positive impact on the planet”. 

In January 2020, as part of its commitment to become carbon negative by 2030, Microsoft pledged to have 100 per cent renewable energy supply for all its operations by 2025, including its data centres, buildings, and campuses. 


Collaboration

Both agree to mobilise finance, unlock investment and support project development

IRENA, Opec ramp up RE transition

Published on June 22, 2022, 2:01 p.m.

Both agree to mobilise finance, unlock investment and support project development

Mobility

The consumer market is expected to lead the hydrogen vehicles space

A surge in hydrogen vehicles

Published on June 22, 2022, 1:11 p.m.

The consumer market is expected to lead the hydrogen vehicles space

Disasters

Climate change drives millions out of their homes

Climate migration wreaks havoc

Published on June 22, 2022, 12:51 p.m.

Climate change drives millions out of their homes

Government and Policy

Investment proposals galore in the state

Investors back UP’s green energy push

Published on June 22, 2022, 12:15 p.m.

Investment proposals galore in the state

E-MAGAZINE

Company Feature

Classrooms go live, thanks to Airtel

Published on April 5, 2022, 11:25 a.m.

Despite the pandemic, Bharti Foundation has ensured that children are not deprived of learning opportunities

Column

Collaborative excellence

Published on April 4, 2022, 8:53 p.m.

A policy perspective for meeting SDG-9 in low resource setting of developing economies

Column

Innovation and infrastructure

Published on April 4, 2022, 8:10 p.m.

India is well-positioned to become a model of corporate sustainability

Column

‘More for less’

Published on April 1, 2022, 10:12 p.m.

The merger of technology and SDGs – A game-changing win of the era