Voltalia signs a 350 megawatt solar power supply contract with Renault Group to support its energy transition
24 November 2022 - 8:00AM
Voltalia signs a 350 megawatt solar power supply contract with
Renault Group to support its energy transition
Voltalia (Euronext Paris, ISIN code:
FR0011995588), an international player in renewable
energies, has announced the signature with Renault
Group of the largest renewable electricity supply contract
(Corporate PPA1) ever signed in
France.
The contract covers a total capacity of 350
megawatts, representing the production of approximately 500
gigawatt hours per year. With a duration of 15 years, this is an
unprecedented commitment in France in terms of power.
Committed to the energy transition for more than
10 years, Renault Group has announced its intention to accelerate
the decarbonisation of its plants in France. The agreement with
Voltalia will enable Renault Group to cover up to 50% of the
electricity consumption of the manufacturer's production activities
in France in 2027, including the electricity consumption of Cléon,
as well as all the sustainable electricity needs of the ElectriCity
hub, Europe's largest and most competitive electric vehicle
production centre, whose ambition is to produce 500,000 vehicles
per year by 2025. With its Renaulution strategic plan, Renault
Group confirms its commitment to achieving net zero carbon
emissions from its ElectriCity hub plants in France by 2025, in
Europe by 2030 and worldwide by 2050.
Voltalia will install 100 megawatts of
photovoltaic panels at its sites in France starting in 2025. The
capacity made available to Renault by Voltalia will increase
steadily over the following years, reaching a total of 350
megawatts by 2027.
"Voltalia is proud to be a privileged partner in
this new phase of Renault Group's Climate Plan and to actively
contribute to its goal of net zero carbon for the plants of the
ElectriCity hub. Voltalia's daily mission is to provide renewable,
low-carbon and competitive electricity to reduce CO2 emissions. We
are delighted with this major partnership and it illustrates our
ability to be a key player in green electricity solutions in
France," said Sébastien Clerc, CEO of Voltalia.
Next on the agenda: Revenues Q4
2022, on January 25, 2023 (after market close)
About Voltalia
(www.voltalia.com) |
Voltalia is an international player in the renewable energy sector.
The Group produces and sells electricity generated from wind,
solar, hydraulic, biomass and storage facilities that it owns and
operates. Voltalia has generating capacity in operation and under
construction of more than 2.4 GW and a portfolio of projects under
development representing total capacity of 13.6 GW. Voltalia is
also a service provider and supports its investor clients in
renewable energy projects during all phases, from design to
operation and maintenance. As a pioneer in the corporate market,
Voltalia provides a global offer to private companies, ranging from
the supply of green electricity and energy efficiency services to
the local production of their own electricity. The Group has more
than 1,450 employees and is present in 20 countries on 3 continents
and is able to act worldwide on behalf of its clients. Voltalia is
listed on the regulated market of Euronext Paris, compartment B
(FR0011995588 – VLTSA) and is part of the Enternext Tech 40 and CAC
Mid & Small indices. The Group is also included in the
Gaïa-Index, an index for socially responsible midcaps. |
Loan Duong, Head of Communications & Investor relationsEmail:
invest@voltalia.comT. +33 (0)1 81 70 37 00 |
ActifinPress Contact: Loris DaougabelEmail: ldaougabel@actifin.fr
T. +33 (0)1 56 88 11 11 |
1 Corporate Power Purchase Agreement, a
long-term contract for the supply of renewable electricity that
directly links the producer, a power plant, to the final consumer
of the electricity, a company.
- Voltalia signs a 350 megawatt solar power supply contract with
Renault Group to support its energy transition
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