Renault Enters Largest Ever Green Electricity Supply Deal in France
Automotive manufacturer Renault Group announced a series of new strategic partnerships with energy providers aimed at accelerating the decarbonization of its plants in France, including the largest to-date green electricity supply agreement in the country with Voltalia, as well as projects with ENGIE and Dalkia.
The company said that the partnerships mark a “new step” in its global Climate Plan, making it possible to achieve net zero carbon for the plants of the ElectriCity cluster – consisting of Renault’s Douai, Maubeuge, and Ruitz manufacturing plants in northern France – in 2025, Europe in 2030 and worldwide in 2050.
Luca de Meo, CEO of Renault Group, said:
“Today we are taking a strategic step towards achieving carbon neutrality in our plants.”
Renault’s agreement with Voltalia will cover up to 50% of the electricity consumption of its production activities in France. Voltalia will install photovoltaic panels on for a capacity of 100MW from 2025, and increase to 350MW by 2027.
Under the agreement with ENGIE, the companies will develop a first-of-its-kind deep geothermal project in Europe, replacing 70% of the gas needed for its Douai plant by 2025. Finally, the Group’s new 15-year partnership with Dalkia to install a biomass boiler will replace 65% of the gas consumption at its Maubeuge plant.
Sébastien Clerc, CEO of Voltalia, said:
“Voltalia is proud to be a privileged partner of this new stage of Renault Group’s Climate Plan and to actively contribute to its objective of net zero carbon for the plants in the ElectriCity cluster. Providing renewable, carbon-free and competitive electricity to reduce CO2 emissions is Voltalia’s daily mission.”