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Renault Signs France's Largest Ever Green Electricity Supply Contract

Renault Group announced a number of new strategic collaborations with energy providers to accelerate the decarbonization of its operations in France, including the country's most significant green electricity supply agreement to date with Voltalia and initiatives with ENGIE and Dalkia.

The company stated that the partnerships represent a "new step" in its global Climate Plan, making it possible to achieve net zero carbon emissions for the plants of the ElectriCity cluster – consisting of Renault's Douai, Maubeuge, and Ruiz manufacturing plants in northern France – by 2025, Europe by 2030, and globally by 2050.

The CEO of Renault Group, Luca de Meo, stated:

Today, we are taking a strategic step toward carbon neutrality in our plants.

The arrangement between Renault and Voltalia will cover up to fifty percent of Renault's electricity consumption in France. Beginning in 2025, Voltalia will install photovoltaic panels with a capacity of 100MW, which will expand to 350MW by 2027.

Under the agreement with ENGIE, the businesses will create a first-of-its-kind deep geothermal project in Europe by 2025, which will replace 70 percent of the gas required by the Douai plant. The Group's new 15-year cooperation with Dalkia to develop a biomass boiler will replace 65 percent of its Maubeuge plant's gas consumption.

Sébastien Clerc, the chief executive officer of Voltalia, stated:

"Voltalia is happy to be a privileged partner of this new phase of the Renault Group's Climate Plan and actively contribute to its net zero carbon goal for the ElectriCity cluster's factories. Voltalia's daily aim is to provide renewable, carbon-free, and competitive electricity to reduce CO2 emissions.

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