French power company Engie has announced the signing of 4.3GW of power purchase agreements (PPAs) in 2024, up from 2.7GW the previous year.

This brings the company’s total portfolio of already contracted PPAs to 14GW.

In 2024, ENGIE signed 85 agreements spanning five continents: North America, South America, Asia, Europe and Oceania. These deals represent 136 terawatt hours (TWh) of electricity supply.

ENGIE’s 2024 performance is highlighted by new contracts with Meta in the US and the expansion of its global partnership with Google, including developments in Belgium and the US.

The company has secured agreements in diverse sectors such as utilities, chemicals and the medical field, demonstrating the widespread demand for decarbonised electricity.

ENGIE secured 1.5GW of PPAs in North America, reflecting the strong demand for renewable electricity in the US despite the recent pause in federal spending by the Trump government on renewable energy projects.

The PPAs cover eight new projects set to commence production between 2024 and 2026.

The 350MW Chillingham Park project in Texas is ENGIE’s largest solar project in the US to date.