French renewable energy crops operator Voltalia SA (EPA:VLTSA) and compatriot Photosol SA have signed contracts to ship inexperienced energy to home gardening retailer Leroy Merlin.
The ability buy agreements (PPAs) had been unveiled on Monday by regulation group De Gaulle Fleurance, which supplied authorized counsel to Leroy Merlin. The contracts will facilitate the development of three photo voltaic parks and a wind farm, which can collectively provide a mean of 125 GWh yearly for Leroy Merlin’s operations from 2024/25.
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Particularly, Leroy Merlin has inked a cope with Photosol calling for the gardening retailer to obtain electrical energy from two photo voltaic parks totalling 38 MWp. The crops might be constructed within the municipalities of Bellac and Mainzac and can provide Leroy Merlin with 45 GWh on common per yr. With building slated to start within the second half of 2023, they’re anticipated to be switched on within the following yr.
By way of a separate PPA with Voltalia, Leroy Merlin will obtain extra energy from an unspecified wind park and a photo voltaic farm venture that is because of enter building within the second half of this yr.
Total, the contracted electrical energy volumes will cowl 57% of Leroy Merlin’s annual energy consumption in France. The PPAs have phrases of between 15 and 23 years.
