Renewables developer Qair and French retail group Carrefour have signed a solar power purchase agreement (PPA).
The PPA covers the output from a 52MW solar project that will be constructed by 2026 in the Latium region, in Italy.
The PPA signing marks the launch of a partnership in which Qair will support Carrefour in its decarbonisation strategy, with this first stage supplying a portion of Carrefour Italia’s energy consumption.
By 2030, the retail group aims to reduce emissions by 50% and source 100% of its electricity from renewable sources.
This dedication is part of a broader strategy to embrace the entire ecosystem for climate transition, with an overarching goal of achieving group-wide carbon neutrality by 2040.
“Through this partnership with Qair, we confirm Carrefour’s commitment in developing sustainable solutions aimed at reducing our environmental footprint.
“This contract will allow Carrefour Italy to count on around 75GWh of renewable energy per year, the equivalent of powering 30 of its hypermarkets, in line with our ‘Benefit Corporation’ status and the specific goal of reducing our environmental impact,’ said Jean Francois Dohogne, Chief Financial Officer at Carrefour Italia.
“We are delighted that our local and impactful solar project will contribute to the decarbonisation efforts of a group such as Carrefour.
“The trust Carrefour has placed in us reaffirms Qair’s robust strategy in Italy.
“I thank the teams for their strong commitment, and eagerly anticipate seeing the first panels installed. Together, we are making significant strides in the energy transition,” added Emmanuel Maqueron, CEO of Qair Italy.