ENGIE’s ambition is to become world leader in renewable energies
The world may want to achieve the targets defined by the Paris Agreement, but experts estimate that we will need to develop renewable energies at least six times more quickly than we are doing currently (source: IRENA-2018). On the basis of its ambition of becoming world leader in competitive “as a service” zero-carbon transition ENGIE has redefined its profile and is focusing on Renewables to accelerate the energy transition.
With 93% of its businesses low-carbon, the Group has set a target of developing 9 GW of additional renewable capacity by 2021, and intends to invest approximately €2.5 billion in the sector.
Find ENGIE's key figures in renewable energy in dedicated infographics.
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In Brazil, ENGIE supplies L’Oréal with 100% renewable energy. L’Oréal is aiming to reduce its CO2 emissions substantially by 2020. The 86 wind turbines in ENGIE’s Trairi wind farm, in northeastern Brazil, are helping it achieve its goals. By providing plants, research and distribution centers and the head office with wind energy, 7,000 tonnes of CO2 emissions are prevented, which is equivalent to planting 43,000 trees.
In Mexico, six new renewable energy plants will be built thanks to a joint venture between ENGIE and Tokyo Gas. Two wind farms and four solar photovoltaic plants will produce enough power to supply 1.3 million households throughout Mexico, on a 15-year power purchase contract. The project will contribute to meeting the Mexican government’s target of 35% of clean energy sources by 2024.
In Switzerland, the new ecological Sisslerfeld power plant, one of the country’s largest biomass-fueled power plants, will reduce CO2 emissions by 50,000 tonnes per year by comparison with the old fossil-fuel plant. The biomass plant supplies steam to the DSM Nutritional Products production facility in Sisseln as well as the neighboring Syngenta and Novartis plants. Electricity produced by Sisslerfeld – enough to power the equivalent of 17,500 local homes – is fed into the public grid or used directly by the DSM plant. The wood chips needed for energy production are delivered from a maximum radius of 100 km. The project is making a significant contribution to the Swiss Energy Strategy 2050.