Boralex has signed a power purchase agreement with Metro France, its first for a solar project being constructed in France.
The 20-year corporate PPA with “additionality” will enable the financing of the construction of the Grange du Causse solar power plant, 60 km from Montpellier, Occitania.
The Grange du Causse power plant will generate 16MW and produce about 23GWh a year.
Boralex will build and operate the facility.
"This new contract reaffirms Metro's strong ambition to decarbonise its energy.
“Already nearly 25% of our power supply comes from renewable sources and the objective is to reach 50% in 2025 and 100% in 2030," said Pascal Peltier, CEO of Metro France.
“The Grange du Causse site is our first solar project built from scratch based on a corporate PPA. We are particularly proud to now count Metro France among our clients.
“With this contract, we are now providing over 200 GWh/year in wind and solar power through corporate PPAs ranging from three to 20 years.
“This strengthens our position as a leader in green energy sales through a comprehensive and flexible service offering that meets the needs of businesses for a responsible, cost-efficient power supply,” said Nicolas Wolff (pictured), Boralex Europe general manager.