TotalEnergies has signed a power purchase agreement with paper manufacturer SWM, which will see the energy giant supply renewable energy to three of its plants in France over a ten-year period.
The agreement, which commences this month, will represent a total volume of 800 GWh, and will cover SWM’s Papeteries de Saint Girons, PDM Industries, and LTR Industries facilities.
‘Clean firm power’
“We are delighted to support SWM in its decarbonisation efforts and pursuit of competitiveness through our ‘clean firm power’ solutions,” commented Sophie Chevalier, senior vice president, Flexible Power & Integration at TotalEnergies.
“This contract illustrates TotalEnergies’ ability to offer tailor-made solutions adapted to the specific needs of our industrial customers in France. These solutions are based on our integrated production portfolio combining both renewable and flexible assets.”
TotalEnergies will supply electricity generated from approximately 50 MW of its existing renewable generation assets in France, ensuring that SWM receives ‘competitive, stable, and low-carbon electricity’, the company said.
‘Strategic investment’
“This agreement secures half of our French electricity needs from renewable sources for the next decade, a decisive step toward our commitment to significantly reduce Scope 1 and 2 emissions by 2033,” added Giuliano Scilio, vice president and CIO, SWM.
“For an energy-intensive industry like ours, this isn’t just an environmental milestone; it’s a strategic investment that gives us cost predictability and strengthens our ability to offer customers genuinely sustainable solutions.”
The PPA signed between TotalEnergies and SWM is similar to other contracts signed by the energy firm, including agreements with Google, Data4, STMicroelectronics, Saint-Gobain, Air Liquide, Amazon, LyondellBasell, Merck, Microsoft, Orange and Sasol.
As of October 2025, TotalEnergies had more than 32 GW of installed gross renewable electricity generation capacity, and aimed to reach 35 GW by the end of 2025. As well as traditional energy sources such as oil and gas, the company is building its portfolio in areas such as solar, onshore wind, offshore wind, gas-fired generation, and battery storage. Read more here.
