Carrefour and GreenYellow Partner for Massive Solar Project

• GreenYellow partners with Carrefour to solarise 350 stores in France, creating Europe's largest decentralized solar power network. Aiming for 100% renewable energy by 2030.

French renewable energy company GreenYellow will install over 350 MW of photovoltaic panels across Carrefour's domestic network in France by 2027. The 20-year contract will solarise the parking lots of 350 hypermarkets and supermarkets, making it the largest decentralised solar power initiative in Europe. The PV systems will be mounted on the parking lots of 90 hypermarkets and 260 supermarkets, producing close to 450 GWh of electricity annually.

The project's development phase starts this month, with implementation beginning next year. The initiative, under GreenYellow's financing model, aims to help Carrefour reduce the impact of power price fluctuations and achieve its goal of 100% renewable energy by 2030. Additionally, it supports Carrefour's target of 1 TWh of solar generation in France, Spain, and Brazil annually from 2027.

What is the largest decentralised solar power initiative in Europe by 2027?

• The largest decentralised solar power initiative in Europe by 2027 is the installation of over 350 MW of photovoltaic panels by GreenYellow across Carrefour's domestic network in France.
  
• The project will solarise the parking lots of 350 hypermarkets and supermarkets, with PV systems mounted on 90 hypermarkets and 260 supermarkets.
  
• This initiative is expected to produce close to 450 GWh of electricity annually.
  
• The development phase of the project started this month, with implementation set to begin next year.
  
• The project aims to help Carrefour reduce the impact of power price fluctuations and achieve its goal of 100% renewable energy by 2030.
• Additionally, it supports Carrefour's target of 1 TWh of solar generation in France, Spain, and Brazil annually from 2027.