ENGIE announced the signing of an on site solar power contract with Faurecia. Faurecia is a major player in global automotive industry and a FORVIA Group Company. This carbon-neutrality agreement is the result of a global partnership between ENGIE, Faurecia in support of its energy transition goals.
The contract was awarded to ENGIE Impact (an ENGIE entity that provides sustainability solutions and services for corporations, cities, and governments around the world), and covers 14 countries (Brazil and the Czech Republic, France and Germany, Hungary, India and Morocco. The Netherlands, Poland and Romania. Slovakia, South Africa, Slovakia and Slovakia). This contract is an important milestone in Faurecia’s plan to become carbon neutral for its industrial operations by 2025 (scopes 1 & 2).
ENGIE will install, maintain, and operate solar panels with a carbon neutrality contract. This is equivalent to 60 hectares of solar panel sites worldwide. ENGIE will have installed 30% of its total renewable power capacity by 2022.
Faurecia sites will buy the solar electricity generated on-site by ENGIE solar panels under 15-year power purchase arrangements (PPA). These PPAs will result in a 7% increase in energy independence for the company compared to 2019. These PPAs support Faurecia’s 2023 goal to reduce external energy purchases by 25%.
Faurecia chose ENGIE in 2021 to be their partner on their CO2 neutrality journey. ENGIE will deploy energy-saving equipment and solutions that enable 15% reductions in site energy consumption, compared to a reference of 600 GWh. Faurecia’s on-site solar agreement will allow each site to produce its own renewable and decarbonized electricity.
Catherine MacGregor, CEO of ENGIE, stated that the solar energy program was another important step in ENGIE’s partnership with Faurecia. It is crucial to support its ambitious carbon neutrality targets. This program aims to reduce consumption and decarbonize electricity supply at company sites worldwide. It also demonstrates the important role ENGIE plays for customers’ energy transition goals.
Faurecia CEO Patrick Koller stated “Producing clean, renewable energy at our sites is a key commitment to our 2025 goal to be CO2 neutral for our indoor emissions. We can increase our energy resilience and speed up the process by collaborating with leading global and international partners. It reflects our corporate responsibility for making a positive contribution to society and meeting the future needs of generations.
This solar power program aligns with ENGIE’s strategy to accelerate energy transition for its clients by using renewable energy solutions and distributed infrastructures. ENGIE creates and implements customized and distributed solutions every day for clients to achieve their decarbonization goals. This program will increase the on-site solar power and contribute to our goal of increasing our distributed energy infrastructures to 8 GW by 2021-2025.