By Abbas Nazil
TotalEnergies has signed a ten-year power purchase agreement with paper manufacturer SWM to supply renewable electricity to three of its plants in France.
The agreement, which begins this month, will provide a total of 800 gigawatt-hours of renewable energy and covers SWM’s Papeteries de Saint Girons, PDM Industries, and LTR Industries facilities.
Sophie Chevalier, Senior Vice President of Flexible Power & Integration at TotalEnergies, said the company is pleased to support SWM in its decarbonisation and competitiveness goals through its “clean firm power” solutions.
She emphasized that TotalEnergies offers tailored solutions to meet the specific energy needs of industrial customers in France by combining renewable and flexible power assets.
Under the agreement, electricity will be supplied from approximately 50 megawatts of TotalEnergies’ existing renewable generation assets, ensuring SWM receives low-carbon, stable, and competitive electricity.
Giuliano Scilio, Vice President and Chief Investment Officer at SWM, said the contract secures half of the company’s French electricity requirements from renewable sources over the next decade.
He described the deal as a strategic investment that not only advances SWM’s environmental objectives but also provides cost predictability and strengthens its ability to deliver sustainable solutions to customers.
The power purchase agreement is part of a series of similar deals TotalEnergies has executed with major companies including Google, Data4, STMicroelectronics, Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange, and Sasol.
As of October 2025, TotalEnergies reported over 32 gigawatts of installed gross renewable electricity generation capacity, aiming to reach 35 gigawatts by the end of 2025.
The company is expanding its portfolio across solar, onshore wind, offshore wind, gas-fired generation, and battery storage in addition to its traditional oil and gas operations.
The deal demonstrates TotalEnergies’ commitment to supporting industrial decarbonisation while providing long-term energy stability to clients.
It also reflects the growing trend among industrial players in France and globally to secure renewable energy supply as part of broader environmental, social, and governance (ESG) strategies.
By sourcing renewable power, SWM aims to significantly reduce its Scope 1 and Scope 2 greenhouse gas emissions by 2033, aligning with international climate targets and sustainability commitments.
The partnership highlights how energy-intensive industries are increasingly integrating renewable solutions to enhance environmental performance while maintaining operational efficiency and competitiveness.
TotalEnergies’ approach combines its generation portfolio with flexible power options to adapt to demand fluctuations and provide reliable electricity to industrial customers.
The agreement with SWM represents a milestone in corporate energy transition, emphasizing both environmental responsibility and strategic economic planning.
The move further cements TotalEnergies’ role as a leading provider of renewable energy solutions to the industrial sector in France and globally, reinforcing the shift toward low-carbon economies.
This collaboration sets a model for future industrial renewable energy contracts that combine long-term sustainability goals with practical operational and financial benefits.
Through such agreements, companies like SWM and TotalEnergies demonstrate that the transition to renewable energy can be both economically advantageous and environmentally transformative.