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Home » Uncategorized » Siberian DIY stores switch to solar
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Siberian DIY stores switch to solar

SaraBy SaraJune 8, 20211 Min Read
Renewables investor performance ‘beats fossil fuels'

Siberian stores of French DIY retail chain Leroy Merlin are switching to green electricity generated by solar.

Three stores in the Siberian cities Kemerovo and Krasnoyarsk will use electricity generated by solar power plants belonging to Russia’s biggest solar energy supplier and modules producer Hevel Group.

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Under the Russian energy regulatory framework, bilateral deals can be concluded between a seller and a buyer with a power distribution company mediating as a third party.

In case of Leroy Merlin power distribution company Mosenergosbyt brokered the contracts similar in power purchase agreements.

Leroy Merlin’s corporate sustainability policy is targeting 100% renewable energy consumption within the next five years using solar and wind energy.

The DIY retail chain said it also plans to make its stores more energy efficient, develop its own renewable energy generation, purchase green certificates and apply other measures to decrease environmental impact.

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