Engie and Carrefour Spain have signed a power purchase agreement (PPA) that will significantly enhance Carrefour's renewable energy consumption. This agreement is set to cover almost 30% of Carrefour's energy needs through a combination of solar and wind assets.
The PPA, spanning a duration of 10 years, will supply Carrefour with approximately 180 GWh of renewable energy annually. This energy will be sourced from two Engie wind farms and two Engie solar farms. The move is a strategic effort by Carrefour to achieve its ambitious target of sourcing 100% of its electricity from renewable sources by 2030.
In a statement, Carrefour highlighted that this agreement is a critical part of its 2026 strategic plan, which outlines the company's commitment to sustainability and reducing its carbon footprint. By integrating this significant amount of renewable energy into its operations, Carrefour aims to not only lower its environmental impact but also to lead by example in the retail sector's transition towards greener energy solutions.
Engie, known for its extensive portfolio of renewable energy projects, expressed its commitment to supporting Carrefour's sustainability goals. The partnership underscores Engie's dedication to expanding its renewable energy footprint and contributing to global efforts to combat climate change.
The collaboration between Engie and Carrefour Spain reflects a growing trend among major corporations to secure long-term renewable energy agreements as a means of ensuring energy security, cost stability, and environmental responsibility. This PPA is expected to play a pivotal role in Carrefour's journey towards achieving its 2030 renewable energy targets, demonstrating the potential for large-scale retail chains to make substantial contributions to global sustainability efforts.
