Voltalia, Renault ink 350MW solar PPA
- PPA will enable automotive business to cover 50% of the electricity consumption its French plants with PV
Voltalia has actually authorized a power purchase agreement (PPA) with Renault Group in France covering 350MW of solar photovoltaic or pv capacity to be installed at the carmaker's sites.
The PPA has a duration of 15 years and notes the French carmaker's objective to "accelerate the decarbonisation" of its plants in France.
The agreement with Voltalia will certainly enable Renault Group to cover to 50% of the electricity consumption of its production activities in France from 2027, including Cléon's electricity consumption as well as all the sustainable electricity demands of the ElectriCity cluster.
The cluster intends to generate 500,000 vehicles each year by 2025.
Renault Group is devoted to attaining net zero carbon at its ElectriCity plants in France in 2025, in Europe in 2030 and also worldwide in 2050.
Voltalia will certainly install photovoltaic panels at Renaults sites in France, at first totaling up to 100MW of capacity, from 2025 getting to 350MW in 2027.
"Voltalia is proud to be a fortunate partner of this new stage of Renault Group's Climate Plan and to proactively add to its purpose of net zero carbon for the plants of the ElectriCity cluster.
"Giving eco-friendly, carbon-free and also competitive electricity to lower CO2 emissions is Voltalia's daily mission.
"This significant collaboration thrills us and also shows our capability to be a key player in green electricity solutions in France," stated Sébastien Clerc, Chief Executive Officer of Voltalia.