•  
  •  
  •  

French retailer Boulanger to source renewable power from Voltalia

Oiapoque solar power plant (Brazil), photo by Voltalia

May 21 (Renewables Now) - French specialised retailer Boulanger has entered into an exclusive partnership with Voltalia SA (EPA:VLTSA) to source 100% of its energy from renewable sources.

The agreement also stipulates the signing of an initial corporate power purchase agreement (PPA) that enables the construction of a 5-MW solar park. This facility will be built, owned and operated by Voltalia, with completion expected before the end of 2022.

Under the partnership, Boulanger has pledged to buy its electricity in priority from new wind and solar plants. Starting July 1, 2019, the retailer will source 100% of its energy from renewable sources, but mainly from existing hydropower plants.

"Not only are we switching to 100% renewable electricity with our current supplier, but we are also backing the construction of new renewable plants thanks to our long-term power purchase agreements," said Etienne Hurez, CEO of Boulanger.

Voltalia said in a statement that the 25-year corporate PPA tied to the 5-MW solar park is the first of its kind in France.

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription