Powering the Future: Iliad Group’s Bold Leap into Solar Energy
In an exciting move for sustainable business practices, the Iliad Group, a titan in the telecom sector, has recently inked a trio of solar power purchase agreements (PPAs) that span across France, Italy, and Poland. These groundbreaking agreements mark a significant step towards greener operations, showcasing a commitment to renewable energy that is both admirable and necessary in today’s environmentally conscious world.
With a whopping total installed capacity of 90MW, these PPAs are not just a statement of intent but a blueprint for the future of energy consumption within the company. The agreements cover the purchase of electricity generated by solar farms located in Sainte-Gemme (France), Latina (Italy), and Resko (Poland), with the operations kicking off in 2025. The duration of these agreements ranges from 10 to 15 years, ensuring a long-term commitment to renewable energy.
Engie and Statkraft, two powerhouses in the energy sector, are the proud owners of these sites, with Engie taking charge of the French site and Statkraft overseeing the Italian and Polish projects. The French PPA, set to commence on April 1, 2025, boasts a 25.6MW project in the scenic Charente-Maritime region, promising a significant boost to the local economy and energy grid.
The Italian solar project, nestled in Latina, has a capacity of 27.9MW and is set for a 10-year term starting January 1, 2025. Meanwhile, the Polish PPA introduces a 36MW solar project into the mix, also with a 10-year horizon beginning on the same date.
This strategic move by the Iliad Group is not just about securing a reliable and sustainable energy source; it’s about setting a benchmark for the industry. By 2025, these PPAs will cover 13% of the Group’s direct electricity consumption with renewable energy, a significant milestone towards their ambitious goal. By 2035, Iliad aims to ensure that at least 50% of its electricity consumption in Poland and Italy—countries with traditionally high-carbon energy mixes—and 20% in France, is covered by PPAs.
These agreements are a testament to Iliad Group’s commitment to a sustainable future, not just for the company, but for the planet. As we move towards a greener future, initiatives like these light the way for others to follow, proving that sustainability and business success can go hand in hand.
Let’s celebrate this monumental step with Iliad Group as they harness the power of the sun to fuel not just their operations but their vision for a cleaner, greener world. #RenewableEnergy #Sustainability #SolarPower #IliadGroup #GreenTech #EcoFriendlyBusiness
Credits: [Image: Iliad Group]