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Partnership news – Palantir Technologies Inc. and Green Energy Pioneer Tree Energy Solutions (“TES”) Launch Multi-Year Partnership

Jul 29, 2024 | By Startup Rise EU

Palantir Technologies Inc. , 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.

Palantir Technologies Inc. , 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), 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.

SUMMARY

  • Palantir Technologies Inc. , 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), 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.
  • TES is a global green energy company leading the way in the production of e-NG (electric natural gas derived from green hydrogen).

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.

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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.

Francois Bohuon, Commercial Leadership EMEA of Palantir Technologies said, “Palantir prides itself in helping the world’s most forward-thinking organizations of all types solve their most difficult problems, 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.”

Marco Alverá, CEO and Co-founder of TES said, "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,".

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.

About Palantir Technologies Inc.

Palantir builds category-leading software that empowers organizations to create and govern artificial intelligence across public and private networks. Since 2003, we have helped some of the world's most important organizations solve their most difficult problems.

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