PVTIME - 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.