Palantir and Green Energy Pioneer TES Forge Long-Term Partnership to Drive Global Decarbonization
July 29, 2024
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Palantir Technologies Inc. (NYSE:PLTR, “Palantir”), a leading builder of AI systems for the modern enterprise, and Tree Energy Solutions (“TES”), a global leader in the production of e-NG (electric natural gas derived from green hydrogen), today announced a multi-year partnership to leverage Palantir’s cutting-edge AI software in TES’s mission to drive the green energy transition and accelerate global decarbonization.Through this partnership, Palantir Foundry and Palantir Artificial Intelligence Platform (AIP) will support TES in supply chain management, simulation and scenario modeling for investment optimization, site selection, asset management, carbon emissions tracking, and modeling the energy transformation pipeline.
Palantir’s software integrates large-language models and advanced AI with enterprise networks, private data, and core operations, providing a high-level security and trust. The platform consolidates siloed and disconnected data sources, logic assets, and systems of action, enabling organizations to optimize decision-making through a single common operating picture.
e-NG, a hydrogen-based green molecule chemically identical to natural gas, is produced by combining green hydrogen with biogenic or recycled CO2. It can be transported and stored using existing infrastructure, providing a drop-in green solution for industries and customers aiming to decarbonize.TES has forged strategic partnerships with leading energy companies, such as TotalEnergies, Osaka Gas, Toho Gas, Tokyo Gas, Fortescue and ADNOC, to develop large-scale e-NG projects across North America, the Middle East, and Europe.
This partnership marks a significant step in TES’s digital transformation, leveraging AI and data analytics to enhance data-driven decision-making. For Palantir, it is the first partnership of its kind, building on its significant experience in the energy sector, including renewables and green energy projects globally.
“Palantir prides itself in helping the world’s most forward-thinking organizations of all types solve their most difficult problems,” said Francois Bohuon of Palantir Technologies. “Working with a green energy player as innovative as TES was the perfect fit, and we are honored to supply them with an enterprise AI system in support of their mission.”
"This collaboration with Palantir underscores TES's commitment to innovation, demonstrating how AI can accelerate the energy transition. By leveraging Palantir's AI expertise, we will optimize operations and track carbon emissions precisely, reinforcing TES as an innovative leader in the global green energy landscape," commented Marco Alverá, CEO and Co-founder of TES.
About TES
TES is a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen). Headquartered in Europe, TES is committed to making reliable and affordable green energy accessible to all by implementing giga-scale projects using a proven, scalable and cost-effective method. With a presence in North America, Middle East, Asia and Australia, the company’s green hydrogen model uses solar and wind energy in low-cost areas with abundant sunlight or wind. The green hydrogen is then combined with climate-neutral CO2 and transformed into e-NG, a renewable molecule, easy to transport and store using existing infrastructure. Through the supply of e-NG to various industries, TES aims to win the climate race ensuring the mass adoption of green molecules across the globe.