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VSB enters into extensive electricity supply partnership with Carrefour

European developer and operator of wind and solar farms has announced the signing of five long-term electricity supply contracts between its national company VSB France and Carrefour.
VSB enters into extensive electricity supply partnership with Carrefour
Courtesy of VSB.

The agreement covers five wind and solar farms with a total installed capacity of 43.3 MW: Eoliennes de Guéhenno (Brittany) and Eoliennes de Fadoumal (Occitania), Soleil de Gaujac (Occitania), Soleil d'Izernore (Auvergne-Rhône-Alpes) and Soleil de Balsac (Occitania).

The wind and solar farms will supply 26 hypermarkets with renewable energy, enabling the Carrefour Group to cover its energy needs with renewable sources and reduce its CO₂ emissions.

“The long-term partnership between VSB France and Carrefour, one of France's leading retailers, is a decisive step in promoting the use of renewable energy while at the same time creating economic value” said Dr Felix Grolman, CEO of VSB Group. “This agreement outlines the fact that long-term power purchase agreements for renewable energy are an attractive solution for companies to systematically meet their sustainability goals.”

With this agreement, VSB is further expanding its involvement in the area of corporate power purchase agreements (PPAs). A deal with Mercedes-Benz was signed back in 2018, followed by another with green hydrogen producer Lhyfe in July 2023. These partnerships highlighted the growing importance of corporate PPAs in the energy industry and VSB's pioneering role in providing sustainable energy solutions.

“The partnership with Carrefour demonstrates our ability to develop sustainable energy solutions for large businesses and is an important step in the development of renewable energy in France and Europe” added Maël Lagarde, Managing Director of VSB France. “It proves that companies can operate in an environmentally friendly way while at the same time contributing to climate protection. “We are pleased to support Carrefour on this journey.”

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