The oil company’s subsidiary is to develop 80MW of solar farms in France to fulfill it.
Orange has signed a Corporate Power Purchase Agreement (CPPA) with Total, through its subsidiary Total Quadran which is leading renewable energy firm in France.
A CPPA is a long-term contract that enables companies to obtain supplies of green electricity from an identified source at a stable price over a long period.
Total will supply Orange with 100GWh a year of renewable electricity over a period of 20 years: Orange is not commenting on the agreed price.
12 new power plants
This agreement will enable the development, by 2024, of 12 new solar power plants throughout metropolitan France, with a cumulative capacity of 80 MW.
Orange says it illustrates the commitment of Total and Orange to contribute to the country’s energy transition while promoting local economic development, with the support of regional authorities.
Fabienne Dulac, Deputy CEO of Orange and CEO of Orange France,”Orange has made the reduction of its environmental footprint a major strategic focus with the ambition to be Net Zero Carbon by 2040 at Group level.
“By signing this contract with Total, Orange is acting in line with its objectives, which is to reduce its direct CO2 emissions by 30% compared with 2015 and to integrate 50% renewable energies into its electricity mix by 2025.
“We are proud to sign a third [C]PPA with a French company and with a player of the scale of Total, which is voluntarily committed to the development of new means of production of renewable energy in the region.”
Stéphane Michel, President Gas, Renewables & Power at Total, “We want to support large industrial consumers in their energy transition towards carbon neutrality. Our ambition is therefore to develop renewable electricity purchase contracts with corporate customers through projects from our development portfolio in France".