Coles Supermarkets Go 95% Renewable in QLD

Dec 8, 2023 02:49 PM ET
  • Coles Group Ltd (ASX:COL) is now sourcing 95% of Queensland's electricity demand from renewable resources - the 400-MW Western Downs solar park supplying enough energy to power 235,000 homes. Coles is committed to powering its outlets with 100% renewables by 2025.
Coles Supermarkets Go 95% Renewable in QLD

Coles Group Ltd (ASX:COL) is now sourcing 95% of its electricity demand in Queensland from renewable energy sources. The solar power is coming from the 400-MW Western Downs solar park, owned by French Neoen SA (EPA:NEOEN). The park is part of a larger renewable energy hub that also includes a battery storage facility of 270 MW/540 MWh. The solar farm contains over one million panels and will generate enough electricity to meet the annual needs of 235,000 Queensland homes.

Coles committed to powering all of its Queensland outlets with renewable energy by Christmas 2020, and is aiming to source 100% of its electricity from renewables by the end of June 2025. This is part of their goal to achieve net zero greenhouse gas emissions by 2050. CleanCo, the publicly-owned Queensland clean energy company, is buying 80% of the solar farm’s output, and is one of Coles’ largest customers.

How Is Coles Using Renewable Energy in Queensland?

  • Coles, an Australian retail giant, is committed to using 100% renewable energy in their operations by 2025.
  • Coles has partnered with Powershop, a renewable energy retailer in Queensland, to power their stores in the state with 100% green energy.
  • The partnership is part of Coles’ commitment to reduce their energy consumption and carbon emissions by 20% by 2025.
  • Coles is sourcing its renewable energy from a range of sources, including wind, solar and hydro energy.
  • Coles has invested $20 million in the project to install solar panels in their stores in Queensland.
  • Coles also runs a sustainability program in their stores, which includes initiatives such as recycled packaging and waste reduction strategies.

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