RUBIS

Leroy Merlin chooses Photosol, a Rubis subsidiary, as green electricity supplier to power its French sites

RUBIS / Key word(s): Contract/Agreement RUBIS: Leroy Merlin chooses Photosol, a Rubis subsidiary, as green electricity supplier to power its French sites 02-Feb-2023 / 17:45 CET/CEST

2 February 2023, 17:45 CET

 

 

 

Leroy Merlin chooses Photosol, a Rubis subsidiary,

as green electricity supplier to power its French sites

 

 

Leroy Merlin, a leader in home improvement in France, and Photosol, a major player in photovoltaic energy production, have announced the signing of a corporate power purchase agreement (CPPA). Two solar plants located in the French Nouvelle Aquitaine area will be built, resulting in average annual volume of 45 GWh in green electricity.

Construction on the facilities will begin in the cities of Bellac (Haute-Vienne) and Mainzac (Charente) in the second half of 2023 with commissioning expected one year later. Leveraging its expertise in the field of agrivoltaics, Photosol designed these two projects to ensure the preservation and development of agricultural activity under the panels. They will enable farmers to diversify their activities without affecting the quality and yield of the land. These parks will be 100% owned by Rubis Photosol, which will be responsible for maintaining and operating the 38 MWp installed.

The contract with Leroy Merlin, an ADEO Group company, was signed for a period of 20 years, during which all the electricity generated as well as the guarantees of origin and capacity will be transferred to Leroy Merlin. The CPPA will eventually cover 17% of the annual consumption of France's leading home improvement company.

“With this first CPPA, we are proud to be able to combine our know-how as a photovoltaic energy producer with Leroy Merlin’s energy transition strategy. As local-level partners, we share common values for better living in the future and bringing citizens sustainable electricity,” confirms David Guinard, Managing Director of Rubis Photosol.