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ENGIE and SUEZ partners to boost energy transition in France by developing solar energy

ENGIE and SUEZ partners to boost energy transition in France by developing solar energy

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ENGIE and SUEZ commit to boosting the energy transition of French regions through a partnership to develop photovoltaic solar parks in all Recycling & Recovery waste storage facilities in mainland France. In total, about 100 sites are concerned, with an estimated installed capacity of 1 GW.

The SUEZ sites identified for the development of solar energy are mainly waste recycling and treatment facilities, located on large plots of land throughout France. These plants, most of which already produce biogas which is recovered as energy, will soon also generate green electricity from the solar parks designed, built and operated by ENGIE. This ambitious partnership follows the two groups’ strategy to undertake exemplary projects that focus on the energy transition and the circular economy.

The potential of the sites concerned, estimated at 1 GW, is equivalent to the capacity of a nuclear reactor and will avoid the production of 27,500 tonnes of CO2 per year, thus contributing significantly to France’s targets in terms of renewable energy development and the fight against climate change. Other forms of recovery are planned for the years to come, such as tapping into the potential of hydrogen.

The partnership’s first project – a ground mounted 12 MW plant at the Drambon storage facility in the Côte-d’Or department in eastern France – will be launched in 2018.

ENGIE currently leads the way in solar and wind power in France with, respectively, 900 MW and 1,800 MW of installed capacity at the end of 2017. The group, a major actor in the energy transition, aims to reach 2.2 GW of functioning solar power and 3 GW of wind power by the end of 2021. ENGIE is also the leading alternative producer of hydroelectricity with 3,820 MW installed at the end of 2017.

SUEZ, a major player in the circular economy, develops energy recovery solutions in addition to material recovery. In this context, SUEZ produces 620 GWh today with the biogas of its facilities. The group is pursuing its commitment by diversifying its methods of renewable energy production. Its facilities are becoming real energy production plants: biogas, solar, hydrogen.

About ENGIE

ENGIE is committed to take on the major challenges of the energy revolution, towards a more decarbonised, decentralised and digitized world. The Group aims to becoming the leader of this new energy world by focusing on three key activities for the future: low carbon generation in particular from natural gas and renewable energies, energy infrastructures and efficient solutions adapted to all its clients’ needs (individuals, businesses, territories, etc.). The customers’ satisfaction, innovation and digital are at the heart of ENGIE’s development. ENGIE is active in around 70 countries, employs 150,000 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main financial indices (CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe) and non-financial indices (DJSI World, DJSI Europe and Euronext Vigeo Eiris – World 120, Eurozone 120, Europe 120, France 20, CAC 40 Governance). To learn more : www.engie.com

About SUEZ

With 90,000 people on the five continents, SUEZ is a world leader in smart and sustainable resource management. We provide water and waste management solutions that enable cities and industries to optimize their resource management and strengthen their environmental and economic performances, in line with regulatory standards. To meet increasing demands to overcome resource quality and scarcity challenges, SUEZ is fully engaged in the resource revolution. With the full potential of digital technologies and innovative solutions, the Group recovers 17 million tons of waste a year and produces 3.9 million tons of secondary raw materials and 7 TWh of local renewable energy. It also secures water resources, delivering wastewater treatment services to 58 million people and reusing 882 million m3 of wastewater. SUEZ generated total revenues of 15.9 billion euros in 2017.

Source: Engie
Anand Gupta Editor - EQ Int'l Media Network

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