Palantir Technologies Inc. (NYSE: PLTR), a leader in AI systems for modern enterprises, has announced a multi-year partnership with Tree Energy Solutions (TES), a global leader in the production of electric natural gas (e-NG) derived from green hydrogen. The partnership aims to leverage Palantir’s advanced AI software to support TES's mission in driving the green energy transition and accelerating global decarbonization.
Key Details:
Partnership Goals: Palantir Foundry and Palantir Artificial Intelligence Platform (AIP) will aid TES in various areas including supply chain management, simulation and scenario modeling for investment optimization, site selection, asset management, carbon emissions tracking, and modeling the energy transformation pipeline.
Technology Integration: Palantir’s software integrates large-language models and advanced AI with enterprise networks, private data, and core operations. This consolidation of siloed and disconnected data sources enables organizations to optimize decision-making through a unified operating picture.
e-NG Production: e-NG is a hydrogen-based green molecule chemically identical to natural gas, produced by combining green hydrogen with biogenic or recycled CO2. It can be transported and stored using existing infrastructure, providing a green solution for industries aiming to decarbonize.
TES's Strategic Partnerships: TES has established collaborations with major energy companies like 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.
Digital Transformation: The partnership marks a significant step in TES’s digital transformation, utilizing AI and data analytics to enhance data-driven decision-making.
Statements from Leadership:
Francois Bohuon, Commercial Leadership EMEA of Palantir Technologies, emphasized Palantir’s commitment to solving complex problems for forward-thinking organizations.
Marco Alverá, CEO and Co-founder of TES, highlighted how AI can accelerate the energy transition and reinforce TES's leadership in the global green energy landscape.
About TES:
TES is a global green energy company focusing on the production of e-NG from green hydrogen. The company uses solar and wind energy to produce green hydrogen, which is combined with climate-neutral CO2 to create e-NG. This renewable molecule can be transported and stored using existing infrastructure, supporting the mass adoption of green energy.
About Palantir Technologies Inc.:
Since 2003, Palantir has provided software that empowers organizations to create and govern artificial intelligence across public and private networks, helping solve complex problems globally.
Forward-Looking Statements:
The press release includes forward-looking statements about the expected benefits and terms of the partnership, subject to risks and uncertainties that could affect actual outcomes. These include the ability to meet customer needs, software reliability, and potential modifications or terminations of contracts.
Key Details:
Partnership Goals: Palantir Foundry and Palantir Artificial Intelligence Platform (AIP) will aid TES in various areas including supply chain management, simulation and scenario modeling for investment optimization, site selection, asset management, carbon emissions tracking, and modeling the energy transformation pipeline.
Technology Integration: Palantir’s software integrates large-language models and advanced AI with enterprise networks, private data, and core operations. This consolidation of siloed and disconnected data sources enables organizations to optimize decision-making through a unified operating picture.
e-NG Production: e-NG is a hydrogen-based green molecule chemically identical to natural gas, produced by combining green hydrogen with biogenic or recycled CO2. It can be transported and stored using existing infrastructure, providing a green solution for industries aiming to decarbonize.
TES's Strategic Partnerships: TES has established collaborations with major energy companies like 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.
Digital Transformation: The partnership marks a significant step in TES’s digital transformation, utilizing AI and data analytics to enhance data-driven decision-making.
Statements from Leadership:
Francois Bohuon, Commercial Leadership EMEA of Palantir Technologies, emphasized Palantir’s commitment to solving complex problems for forward-thinking organizations.
Marco Alverá, CEO and Co-founder of TES, highlighted how AI can accelerate the energy transition and reinforce TES's leadership in the global green energy landscape.
About TES:
TES is a global green energy company focusing on the production of e-NG from green hydrogen. The company uses solar and wind energy to produce green hydrogen, which is combined with climate-neutral CO2 to create e-NG. This renewable molecule can be transported and stored using existing infrastructure, supporting the mass adoption of green energy.
About Palantir Technologies Inc.:
Since 2003, Palantir has provided software that empowers organizations to create and govern artificial intelligence across public and private networks, helping solve complex problems globally.
Forward-Looking Statements:
The press release includes forward-looking statements about the expected benefits and terms of the partnership, subject to risks and uncertainties that could affect actual outcomes. These include the ability to meet customer needs, software reliability, and potential modifications or terminations of contracts.