ENGIE announced today the signing of an on-site solar power contract with Faurecia, a major player in the global automotive industry and a FORVIA Group company. This new carbon-neutrality agreement follows a global partnership between ENGIE and Faurecia to support its energy transition objectives.
This contract, awarded to ENGIE Impact, an ENGIE entity that delivers sustainability solutions and services to corporations, cities and governments across the globe, covers 14 countries (Brazil, the Czech Republic, France, Germany, Hungary, India, Mexico, Morocco, The Netherlands, Poland, Romania, Slovakia, South Africa and the United Kingdom). It is a major milestone in Faurecia's roadmap to become CO2 neutral for its industrial operations (scopes 1 and 2) by 2025.
With this carbon-neutrality contract, ENGIE will provide, install, operate and maintain solar panels for a cumulative capacity of over 60 MW at peak production by the end of 2023, representing about 60 hectares of solar panels on Faurecia’s sites globally. As much as 30% of the total renewable power capacity provided by ENGIE will already be installed before the end of 2022.
Faurecia sites will purchase the solar electricity produced on-site by ENGIE’s solar panels, under 15-year power purchase agreements (PPA). These PPAs will bring a 7% improvement in the company’s energy independence versus 2019. These PPAs also illustrate Faurecia’s use less and use better principles, supporting its 2023 goal of reducing external purchasing of energy by 25%.
In 2021, Faurecia selected ENGIE to accompany them in their CO2 neutrality journey, through the deployment of energy saving equipment and solutions enabling 15% reduction of site energy consumption out of a reference of around 600 GWh. With this multi-country on-site solar agreement, Faurecia’s sites will produce their own renewable and decarbonized energy tailored to each of their sites.
Catherine MacGregor, ENGIE CEO, said: “This solar energy program is another major step in ENGIE’s partnership with Faurecia and is key to support its ambitious carbon neutrality goals. It aims to not only drive down consumption but also to decarbonize the company’s electricity supply across its sites globally and demonstrates the key role ENGIE plays in its customers’ energy transition objectives.”
Patrick Koller, Faurecia CEO declared: “Producing renewable energy on our sites is a central commitment to meet our 2025 objective to become CO2 neutral for our in-house emissions. Leveraging strategic collaboration with global and leading partners allows us to speed up and improve our energy resilience in a more sustainable way. Also, it reflects our corporate responsibility to have a positive impact on society and meet the needs of future generations.”
This solar power program is fully in line with ENGIE’s roadmap to accelerate the energy transition of its clients through renewable energy solutions and distributed energy infrastructures. Every day, ENGIE designs and implements tailor-made and distributed solutions for its clients, to help them achieve their decarbonization goals. The on-site solar capacity of this program will contribute to our goal to increase our distributed energy infrastructures by 8 GW over 2021-2025.