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AlwaysFree: Renault Signs France’s Largest Green Power-Purchase Agreement

Author: SSESSMENTS

According to Bloomberg article published on November 24, 2022, Renault SA is buying solar power from Voltalia SA over 15 years in what is France’s biggest renewable corporate power-purchase agreement.

Voltalia will install 100 megawatts of solar panels on the carmaker’s sites across France from 2025, with that number rising to 350 megawatts by 2027, the Paris-based company said in a statement Thursday.

The deal, which is part of the carmaker’s efforts to reduce its carbon footprint, comes as businesses across Europe grapple with soaring energy costs caused by Russia’s dwindling gas deliveries and Electricite de France SA’s atomic power production issues.

Tags: AlwaysFree,Bio/Renewables,Central and East Europe,English,Europe,France

Published on November 24, 2022 3:54 PM (GMT+8)
Last Updated on November 24, 2022 3:54 PM (GMT+8)