Repsol has signed a strategic collaboration with Amazon Web Services through which both companies will cooperate to achieve their respective sustainability goals. AWS will provide Repsol with new cloud services to further advance its digital transformation, and Repsol will supply renewable energy to power Amazon business operations. As part of this collaboration, Repsol and Amazon executed power purchase agreements to supply Amazon with renewable energy generated from 234 MW of solar and wind installed capacity in Spain. Repsol plans to continue growing its renewable business thanks to the development of a portfolio of projects in operation and development in OECD countries, being currently present in Spain, the United States, Chile, and Portugal.Through this collaboration, AWS will provide Repsol with new cloud services such as High Performance Computing, Digital Twins, and Natural Language Processing to help Repsol accelerate its digital transformation of operations while supporting its sustainability goals, strengthening their integrated approach towards a hybrid multicloud for agility, flexibility, emissions reduction, and cost savings, as set out in the multi-energy company's 2021-2025 Strategic Plan. Both companies will also analyze opportunities for collaboration to deploy new digital technologies, such as Quantum Computing, and to increase the efficiency of the logistics operations of Repsol's businesses. In addition, both companies will create a transversal platform to systematically analyze business opportunities in the field of mobility and electricity generation.
Repsol has signed a strategic collaboration with Amazon Web Services through which both companies will cooperate to achieve their respective sustainability goals. AWS will provide Repsol with new cloud services to further advance its digital transformation, and Repsol will supply renewable energy to power Amazon business operations. As part of this collaboration, Repsol and Amazon executed power purchase agreements to supply Amazon with renewable energy generated from 234 MW of solar and wind installed capacity in Spain. Repsol plans to continue growing its renewable business thanks to the development of a portfolio of projects in operation and development in OECD countries, being currently present in Spain, the United States, Chile, and Portugal.Through this collaboration, AWS will provide Repsol with new cloud services such as High Performance Computing, Digital Twins, and Natural Language Processing to help Repsol accelerate its digital transformation of operations while supporting its sustainability goals, strengthening their integrated approach towards a hybrid multicloud for agility, flexibility, emissions reduction, and cost savings, as set out in the multi-energy company's 2021-2025 Strategic Plan. Both companies will also analyze opportunities for collaboration to deploy new digital technologies, such as Quantum Computing, and to increase the efficiency of the logistics operations of Repsol's businesses. In addition, both companies will create a transversal platform to systematically analyze business opportunities in the field of mobility and electricity generation.
