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Total: renewable electricity supply contract with Orange

2021-03-10T13:13:23.998Z


Total announced on Wednesday that it had signed its first long-term renewable electricity supply contract with a company in France with the telecoms operator Orange. To read also: Stéphane Richard: "Orange Bank is not for sale" " Total will supply Orange with 100 GWh / year of renewable electricity over a period of 20 years  ", within the framework of this over-the-counter contract, known by its


Total announced on Wednesday that it had signed its first long-term renewable electricity supply contract with a company in France with the telecoms operator Orange.

To read also: Stéphane Richard: "Orange Bank is not for sale"

"

Total will supply Orange with 100 GWh / year of renewable electricity over a period of 20 years

 ", within the framework of this over-the-counter contract, known by its acronym of PPA (power purchase agreement), indicated the two groups. in a joint press release.

This is Total's first PPA in France, it is pointed out within the oil and gas group, which is developing more and more in renewables.

It is also the third largest of its kind in the country, according to Total.

"

This contract will thus allow the development by 2024 of around ten new solar power plants spread over the entire territory, with a cumulative capacity of 80 MW

 ", detail the two companies. Orange had already signed two other renewable electricity purchase contracts with Boralex and Engie.

Source: lefigaro

All business articles on 2021-03-10

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