GLOBAL ENERGY MANAGEMENT & SALES

ENGIE and Safran Sign Landmark 10-year Renewable Energy Supply Agreement for the UK

  • Press release
  • 01/04/2025
image of the post ENGIE and Safran Sign Landmark 10-year Renewable Energy Supply Agreement for the UK

ENGIE and Safran today announce a 10-year renewable Power Purchase Agreement (PPA) for the UK, a significant step in their shared commitment to a more sustainable future.

This innovative 10-year agreement, which will start in April 2025, allows the Safran entities in the UK to meet their electricity requirements using UK solar production, thus contributing to Safran’s decarbonisation efforts. As Safran’s first long-term PPA in the UK, the agreement will help halve the CO2 emissions from the twelve UK sites (Scope 1 & 2 footprint) and align with its commitment to achieve a 50% reduction in greenhouse gas emissions from its operations by 2030.

The collaboration reinforces Safran’s commitment to reducing its carbon footprint and demonstrates ENGIE’s leading role in the UK energy transition.

Veronique Bardelmann, Safran’s UK VP, said: “We are extremely proud of this groundbreaking agreement with ENGIE. Our 10-year commitment to renewable energy underscores our dedication to sustainability and our proactive approach to tackling climate change.”

Miya Paolucci, CEO of ENGIE UK, added: “ENGIE is a recognised leader in providing Corporate Power Purchase Agreements that suit clients’ needs. We are delighted to partner with Safran, an innovative market leader in sustainable aviation, pushing ahead with our decarbonisation goals.”

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ENGIE’s Supply & Energy Management Activities Expand in India to Accelerate Clean Energy

ENGIE establishes a new branch for its Supply and Energy Management activities in India

  • Press release
  • 24/03/2025
image of the post ENGIE’s Supply & Energy Management Activities Expand in India to Accelerate Clean Energy

ENGIE has recently established a branch in India for its Supply & Energy Management activities, enabling it to connect its renewable energy assets to customers and markets. This new structure will deliver tailored energy solutions for the country’s diverse market, and its capacity to connect assets to markets will optimize energy procurement, reduce costs, and drive sustainability.

With this strategic move, ENGIE shows its commitment to supporting the country’s transition to a carbon-neutral economy, focusing on accelerating the growth of renewable energy. In India, ENGIE is a trusted long-term partner, with a presence spanning over 30 years and a decade of excellence in renewable energy. With its current solar and wind portfolio totaling 2.3GW of capacity, the Group aims to expand its renewable energy assets in India to reach 7GW by 2030.

India has been a pivotal market in ENGIE’s renewables strategy for many years and I am proud to see the opening of a new office, strengthening our Supply and Energy management capabilities in the country. This strategic move reaffirms our unwavering commitment to supporting India’s ambitious renewable energy goals, offering innovative solutions to our clients and contributing significantly to the region’s sustainable development.” stated Edouard Neviaski, ENGIE Executive Vice President in charge of Supply & Energy Management activities.

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  • 17/03/2025
image of the post ENGIE Powers Einstein Bros.® Bagels with Round-the-Clock Renewable Energy

ENGIE North America (ENGIE) announced today a contract with Einstein Bros.® Bagels, a significant step in ENGIE’s commitment to providing 24/7 renewable energy to its commercial customers by 2030, reinforcing the ENGIE Group’s recently reaffirmed ambition to offer round-the-clock clean energy solutions worldwide. With this contract that runs through May 2027, ENGIE intends to match 90% of the hourly electricity consumption for 25 Einstein Bros.® Bagels locations in Texas with Renewable Energy Credits (RECs) from a portfolio of wind and solar assets including ENGIE’s Live Oak Wind Project in Texas. ENGIE’s unique position as a developer and operator of both renewable and flexible generation across North America, in addition to its market-leading internal risk management function, facilitates its ability to be a pioneer in this space.

As a major player in the energy transition, ENGIE commits to accelerate the transition to a carbon-neutral world, through reduced energy consumption and more environmentally friendly solutions. Leveraging its diversified portfolio of renewable generation, storage, and flexible assets, ENGIE ensures reliable, decarbonized electricity supply to businesses of all sizes. The introduction of ENGIE’s 24/7 matching renewable energy solution in the U.S. to a network of food service locations highlights this commitment.

Achieving 24/7 renewable energy with hourly matching and reporting is a complex and technically challenging feat, compared to annual matching. “It requires tracking the hourly generation of multiple renewable resources and matching the RECs generated therefrom with hourly electricity consumption at the 25 Einstein Bros. Bagels locations,” said David Benhamou, ENGIE North America’s head of power portfolio management.  

Einstein Bros. Bagels had previously entered a retail energy supply agreement with ENGIE which was matched annually from ENGIE’s Live Oak Wind Project in Texas.

“At Einstein Bros. Bagels, we recognize the importance of sustainable energy solutions, and we’re proud to take this next step with ENGIE toward a cleaner future. By integrating 24/7 renewable energy matching into a number of our Texas locations, we are reinforcing our commitment to responsible energy use and supporting innovative solutions that drive the industry forward,” said Héctor Briones, CMO for Einstein Bros. Bagels.

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  • 07/02/2025
image of the post Orange and ENGIE strengthen their partnership in Romania through a new Virtual Power Purchase Agreement

Orange Romania signed with ENGIE Romania (ENGIE) a new vPPA (Virtual Power Purchase Agreement) which consists of the purchase of renewable energy on a long-term basis. The new agreement, concluded for 10 years, will cover approximately 40 GWh of Orange’s annual electricity needs sourced from one of the wind parks owned and operated by ENGIE.

ENGIE, a global reference in low-carbon energy production and supply, as well as related services, has been a long-lasting partner of Orange Romania. In terms of energy contract, the partnership began in 2023 with the signing of our first common vPPA contract with Orange Romania, which consisted in covering 30 GWh of its consumption needs. It is also a reconfirmation of ENGIE’s ambition to be the best energy transition utility by offering secure, predictable, affordable and low carbon energy to its customers.

ENGIE is currently operating 211 MW of renewable generation capacity assets in Romania. The company owns and operates 3 wind farms, with a total installed capacity of 178 MW, as well as 5 photovoltaic parks with a total installed capacity of 33 MW, well spread geographically. In 2024, ENGIE expanded its renewable energy production portfolio in the country with its first hybrid power plant and it is finalizing the construction of a greenfield solar power plant in Ariceștii Rahtivani, Prahova County, with a total installed capacity of 37.2 MWp. The company has also plans to foster renewable production and reach 1,000 MW of green installed capacity by 2030.

The purpose of the new agreement is to ensure that Orange Romania’s green energy needs are met and to support the company’s commitment to achieving its #NetCarbonZero target by 2040, in line with its group’s strategic plan – Lead the Future. Through long-term virtual purchases of renewable energy, Orange Romania strengthens its commitment to sustainability, contributing to the increased use of green energy in its operations. The company achieved 93% of its energy consumption from renewable sources in 2024.

“This long-term partnership will significantly contribute to our decarbonization goals, ensuring that we meet a substantial portion of our energy needs with renewable sources. Orange Romania actively supports the transition to green energy in the region as part of its broader commitment to sustainability and environmental responsibility. By investing in green energy solutions, Orange Romania is not only supporting the adoption of renewable energy sources for its own operations but also contributing to the wider energy ecosystem in the region,” stated Julien Ducarroz, CEO Orange România.

The new agreement also contributes to ENGIE’s pole position on the PPA market. In 2024, ENGIE announced 34 deals across six markets and was the only developer to announce PPAs for the three major renewable energy technologies: solar, onshore wind and offshore wind.

“We are delighted to support Orange Romania in their journey towards achieving carbon neutrality by supplying electricity from our renewable energy assets and ensuring predictability of energy costs. We hope more companies will adopt the trend of signing green PPAs, especially in today’s volatile environment, where securing medium- and long-term energy needs can help mitigate energy price risks while advancing sustainability goals,” stated Nicolas Richard, CEO of ENGIE Romania.

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Norwood Medical adds ENGIE Wind Power to Sustainability Commitment

Under the terms of a five-year agreement, Norwood Medical will initially match 50% of its electricity consumption at four locations!

  • Press release
  • 05/02/2025
image of the post Norwood Medical adds ENGIE Wind Power to Sustainability Commitment

Norwood Medical and ENGIE Resources, a subsidiary of ENGIE Global Energy Management & Sales, announce a five-year renewable energy contract. The agreement brings renewable wind energy from ENGIE to Norwood Medical’s headquarters campus in Dayton. 

Under the terms of a five-year agreement, Norwood Medical will initially match 50% of its electricity consumption at four locations, increasing its commitment to 100% for eleven buildings over the term, including approximately 120,000 Renewable Energy Certificates (RECs) from ENGIE’s Priddy Wind Project in Texas. 

Norwood Medical will procure Green-e® Certified RECs that will ultimately deliver the equivalent environmental benefits of avoiding the greenhouse gas emissions from 52 million pounds of coal burned, or 47,223 metric tons of CO2*. Green-e® RECs are certified by the non-profit Center for Resource Solutions to verify the exclusive use of renewable electricity within an electricity market.  

The agreement supports the Norwood Medical objective to reduce carbon emissions. “We have a goal of 50% reduction of scope 1 and 2 emissions by 2030 versus baseline year of 2021, and net zero by 2050,” said Jeremiah Allen, Vice President, Engineering.  “Reducing our impact on the environment is vitally important. Leveraging renewable electricity will help us hit our goal to reduce greenhouse gas emissions by 50% from 2021 levels.” 

Serving as an advisor on this agreement is Statistical Energy (Dublin, OH).  “We are proud to bring together two carbon champions,” said Michael Jackson, CEO/Partner, Statistical Energy.  “This agreement is proof that renewable energy can be structured in a manner that addresses market volatility and meets the needs of a growing, commercial electricity customer with a commitment to reduce carbon through renewable energy.”   

“Norwood asked us for a comprehensive analysis of their usage, plans for growth, historic prices and the forward fixed market. This led us to a structure with some market-based risk and float on the market, rather than to lock in a price now,” said Ron Cantlie, President/Partner at Statistical Energy. “Norwood chose optionality to lock in later or not lock at all. It addresses the changing nature of supply and demand on the PJM grid.” 

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ENGIE and Energy Dome sign pioneering storage offtake agreement

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  • Press release
  • 19/12/2024
image of the post ENGIE and Energy Dome sign pioneering storage offtake agreement

As part of the global transition from research to commercial deployment of cleantech technologies, Energy Dome, a visionary long-duration energy storage (LDES) technology company, and ENGIE a global reference in low-carbon energy and services, have signed an offtake agreement for the first full-scale CO2 Battery developed by Energy Dome in Ottana, Sardinia, Italy.

At the time of commissioning in the first quarter of 2025, the CO2 Battery will be one of the few operational energy storage assets in the global market with a 10-hour discharge duration supported by a commercial offtake agreement. Under the agreement, Energy Dome will own and operate the CO2 Battery facility, while ENGIE will leverage its market expertise to optimize and dispatch the stored energy in the Italian power markets.

The agreement underscores the importance of long-duration energy storage in enhancing grid resilience and reliability, demonstrating the value of the CO2 Battery technology for industry leaders and markets alike. ENGIE’s involvement in the project aligns with its strategy to strengthen its position in energy storage, leveraging flexible and dispatchable solutions such as the CO2 Battery to meet growing renewable energy needs. In Italy ENGIE has been pioneering the dispatching and the optimization of BESS (Battery Energy Storage Systems) since 2023; with an existing portfolio of 43 MW/48 MWh, the agreement with Energy Dome will consolidate ENGIE’s know-how in storage optimization.

Energy Dome’s Ottana Project was the first European initiative to receive funding from EU-Catalyst, a program designed to mobilize public and private resources to accelerate the deployment of emerging climate technologies. This funding partnership, supported by Breakthrough Energy Catalyst, the European Commission and the European Investment Bank, was announced at COP28 in Dubai last December. At the recent COP29, global stakeholders highlighted the importance of technologies like long-duration energy storage (LDES) in meeting the Global Energy Storage and Grids Pledge, which aims to achieve 1,500 gigawatts of energy storage capacity worldwide.

Edouard Neviaski, CEO of ENGIE’s business entity ‘Global Energy Management & Sales’, said: “ENGIE is thrilled to partner with Energy Dome on this groundbreaking energy storage project. This collaboration highlights our unwavering commitment to developing sustainable and flexible solutions that drive the energy transition. By strengthening our expertise in energy storage, we are advancing our mission to provide reliable, low-carbon energy solutions that meet the increasing demand for renewables and support our customers on their decarbonization journey.”

Mario Fernandez, Head of Catalyst, Breakthrough Energy, said:“Scaling first-of-a-kind projects is immensely complex and requires not just technological innovation but new commercial and market approaches. This partnership is a tangible example of a replicable commercial innovation and confirms the Ottana CO2 Battery is not just a demonstration but a viable facility, which will unlock Nth-of-a-kind opportunities that can lead to true global scale.”

Claudio Spadacini, CEO of Energy Dome, commented on the milestone: “Our agreement with ENGIE confirms our deployment readiness, validates our business model, and underlines the market-leading value proposition of our technology. The era of deployment has arrived, and this collaboration will undoubtedly accelerate our mission to decarbonise the world by providing sustainable, utility-scale energy storage.”

Gelsomina Vigliotti,  Vice-President of European Investment Bank said: “The European Investment Bank plays a key role in accelerating the green transition by financing breakthrough technologies like Energy Dome’s CO2 Battery. We congratulate Energy Dome and ENGIE on the milestone achieved today, which will contribute to Italy’s national climate and energy goals. This announcement demonstrates the important and tangible impact of the EU-Catalyst partnership in supporting green technologies that will decarbonise our economies while strengthening competitiveness.”

The partnership represents Energy Dome’s first offtake deal under its “Energy Storage as a Service” model. This commercial arrangement with ENGIE, along with a recent equipment supply contract for a project with Alliant Energy in the US, demonstrates Energy Dome’s market readiness to scale its energy storage solutions at a commercial level, which was made possible also through public support mechanisms dedicated to accelerating emerging clean technologies.

The Ottana project, nearing completion, features a 20MW/200MWh CO2 Battery unit, capable of providing electricity for approximately 14,000 households over a continuous 10-hour period. This design is consistent with the unit deployed for Alliant Energy in Wisconsin, highlighting the scalability of Energy Dome’s technology for future projects.

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Coca-Cola Europacific Partners Australia to achieve 100% renewable electricity

Coca-Cola Europacific Partners (CCEP) will meet its target of using 100% renewable electricity across its Australian operations, thanks to a 10-year Virtual Power Purchase Agreement with ENGIE.

  • Press release
  • 18/10/2024
image of the post Coca-Cola Europacific Partners Australia to achieve 100% renewable electricity

Coca-Cola Europacific Partners (CCEP) will meet its target to use 100 per cent renewable electricity across its Australian operations by 1 January 2025, one year ahead of schedule. The achievement will be made possible thanks to the signing of a new Virtual Power Purchase Agreement (VPPA) provided by global renewable energy player, ENGIE.  

CCEP joined the global RE100 initiative back in 2021 when it made a commitment to power its Australian operations with 100 per cent renewable electricity by the end of 2025. The company has since supercharged its efforts, investing in rooftop solar panels at its production sites around Australia and securing several key power purchase agreements.  

This latest 10-year agreement with ENGIE, will enable CCEP to secure the remaining energy needed to fulfil its RE100 commitment; a major milestone on the company’s journey towards net zero.  

Orlando Rodriguez, Managing Director at CCEP Australia explained:  “As the maker and distributor of some of the world’s most popular beverages, we have set a series of ambitious targets to reduce our carbon footprint and environmental impact. To reach our renewable electricity goal in Australia, we have engaged in strategic power purchase agreements and made the most of our rooftop real estate with solar panels at many of our facilities across the country. 

“Our partnership with ENGIE and the signing of the VPPA agreement has accelerated our transition to reach our RE100 target in Australia a full year early. This will make CCEP one of the first FMCG players in the country to achieve the RE100 commitment and is an important milestone for our business,” he added. 

Under the PPA with ENGIE, CCEP will purchase a percentage of renewable energy and associated Renewable Energy Credits (RECs) from the newly built Wellington North Solar Farm, owned by Lightsource bp, located north-east of Wellington and south-east of Dubbo in the Orana region of New South Wales. The site spans over approximately 970 hectares, over three times the size of Sydney’s CBD, utilising more than 1.2 million solar panels and has the capacity to generate 925,000-Megawatt hours (MWh) of renewable electricity per year.  

It has also provided economic benefits to the local community, including the creation of up to 400 local construction jobs.  

Managing Director, ENGIE Global Energy Management and Sales (GEMS), Australia, Jules Dufournier, celebrated the long-term commitment of CCEP and the VPPA: “We are excited to support Coca-Cola Europacific Partners, a leading manufacturer in Australia, on its journey towards net zero. ENGIE GEMS is a global leader in this space, connecting the renewable energy industry to like-minded businesses with the aim of accelerating the energy transition. This agreement is a great demonstration of cross-sector collaboration to achieve a shared goal,” he said.  

CCEP’s commitment to RE100 forms part of its broader ambitions to achieve net zero in Australia by 2040, as outlined in the company’s sustainability action plan, This Is Forward. The plan sits at the heart of CCEP’s long-term business strategy and sets out the actions it is taking across key social and environmental topics, including climate, packaging, water, wellbeing, and society. 

For more information on CCEP’s sustainability commitments visit:  https://www.cocacolaep.com/au/sustainability/

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Steel group GMH Gruppe and ENGIE conclude Power Purchase Agreement  

Power Purchase Agreement for the supply of renewable energy with Guarantees of Origin (GoOs)

  • Press release
  • 16/10/2024
image of the post Steel group GMH Gruppe and ENGIE conclude Power Purchase Agreement  

GMH Gruppe and ENGIE have concluded a Power Purchase Agreement for the supply of renewable energy with Guarantees of Origin (GoOs). The purpose of the PPA is to be able to operate the inductive single-bar tempering plant (EVA) at Georgsmarienhütte site with 100% renewable energy throughout. The supply of electricity and the Guarantees of Origin are carried out in compliance with the rules on the optional coupling of electricity generation and supply. 

The green electricity will be sourced from two plants in Germany, including a wind farm that no longer receives subsidies under the German Renewable Energy Sources Act (EEG) and a newly constructed solar farm.  

For GMH Gruppe, the PPA is another important milestone in its transformation towards climate-neutral steel production. By using the EVA, and the associated switch from natural gas to electricity in the heat treatment of steel, more than 10,000 tonnes of CO2 can be saved over the next ten years. GMH Gruppe has set itself the goal of reducing CO2 emissions to almost zero by 2039. By 2030, its greenhouse gases are to be halved compared to 2019. 

“With ENGIE’s cooperation on the coupled supply of electricity, we have now taken the important final step towards being able to operate our single heat treatment system in a holistically sustainable manner. Steel processing on the electrically powered EVA is not only more efficient and powerful than the previous heat treatment, but also runs on 100% green electricity,” explains Matthias Funke, Director Commodity Management at GMH Gruppe. 

Marc Oliver Arnold, Plant Director at Georgsmarienhütte, comments: “We are delighted that, in addition to the fully electric melting of steel, we are now able to make a second major production area at Georgsmarienhütte climate-friendly with the transformation of steel tempering. This represents another important step towards achieving our climate targets.”  

As the world’s leading provider of PPAs, ENGIE supports companies on the path to decarbonisation.  

“Our goal is to make renewable energy available to companies. We are delighted to be able to support GMH Gruppe in its decarbonisation efforts. By combining a decarbonised wind farm with a new solar farm, the PPA also helps to ensure that both urgently needed wind turbines remain on the grid and new plants are built,” says Philip Meissner, Senior Originator at ENGIE Energy Management Solutions. 

ENGIE is one of the leading portfolio owners of post-EEG plants in Germany and is strongly committed to the expansion of renewable energies. 

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    ENGIE and BASF have signed a 25-year Power Purchase Agreement (PPA) for renewable energy in Europe. Under the PPA, effective…

    Read more
  • Press release

    ENGIE x Movhera - First hydroelectric energy dispatching in Portugal

    September 9, 2021 officially kickstarted the optimization of Movhera’s six hydroelectric power plants in Portugal totaling 1.7 GW capacity, with…

    Read more
  • Press release

    ENGIE and Google Sign 24/7 Carbon-Free Energy Supply Agreement in Germany and Strengthen Existing Collaboration

    ENGIE and Google today signed a 24/7 carbon-free energy supply agreement in Germany, a major milestone in the companies’ existing…

    Read more
  • Press release

    Covestro and ENGIE sign supply agreement for green power in Belgium

    45 percent of Covestro Antwerp's electricity demand covered by renewable energy | Capacity of almost 40 megawatts from new onshore…

    Read more
  • Press release

    ENGIE and Equinor join forces in the development of low-carbon Hydrogen

    ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market…

    Read more
  • Press release

    ENGIE, Bureau Veritas and the CEA assure the traceability of green energy thanks to blockchain

    Paris, January 7th : Bureau Veritas and the CEA execute the first validation of smart contracts by formal proof for…

    Read more
  • Press release

    ENGIE and INEOS sealed the largest corporate wind power purchase agreement (PPA) for an industrial in Belgium

    INEOS has just concluded a 10-year agreement with ENGIE, for the purchase of renewable electricity and will avoid 1,150,000 tonnes…

    Read more
  • Press release

    ENGIE and Air Liquide sign a long-term power purchase agreement for renewable electricity in Spain

    From January 2021, ENGIE will supply Air Liquide with renewable electricity from its energy portfolio in Andalusia, equivalent to 15…

    Read more
  • Press release

    ENGIE successfully entered into the 1st trade on EEX's Japanese Power Futures

    On Monday 18th, 2020, the European Energy Exchange (EEX) extends its global power product suite by offering clearing services for…

    Read more
  • Press release

    ENGIE and Energiekontor conclude 15-year PPA for solar park in Germany

    With its first long-term power purchase agreement for solar energy in Germany, ENGIE confirms its ambitions in the expansion of…

    Read more
  • Press release

    ENGIE and FORTIA ENERGÍA sign a large multicorporative PPA for the supply of industrial consumers on the Iberian market

    ENGIE and Spanish energy management platform for large industrial consumers Fortia Energia have signed a long-term agreement providing for the…

    Read more
  • Press release

    ENGIE signs a new Power Purchase Agreement with a local authority in France

    In the East of France, the Departmental Council of “Meurthe-et-Moselle” (which rules an area of 7,00 000+ people) has decided…

    Read more
  • Press release

    ENGIE and LHOIST sign a first blockchain-certified green electricity contract

    ENGIE and LHOIST, a global leader in lime, dolime and minerals, have signed a renewable energy contract for 8.4 MW,…

    Read more
  • Press release

    ENGIE and the Algerian national hydrocarbon company SONATRACH expand their trade relationships

    ENGIE and the Algerian national hydrocarbon company SONATRACH signed today a series of agreements on the supply of natural gas,…

    Read more
  • Press release

    ENGIE and Microsoft announced innovative renewable initiatives

    Microsoft and ENGIE announced today a long-term solar and wind energy power purchase agreement in the United States and implementation…

    Read more
  • Press release

    Google announces its biggest corporate purchase of renewable energy in history, including 92 MW energy deal in Belgium sealed with ENGIE

    Google today announces its biggest corporate purchase of renewable energy in history. The purchase is made up of a 1,600-megawatt…

    Read more
  • Press release

    Shah Deniz gas sales contract partially transferred from ENGIE to Shell

    ENGIE, Shell, Azerbaijan Gas Supply Company (AGSC) and SOCAR have agreed on a partial transfer of ENGIE’s Shah Deniz gas…

    Read more
  • Press release

    ENGIE supports L’Oréal to achieve its Carbon Neutral Goal in China

    ENGIE, through its global energy management solutions in China, signed an agreement with L’Oréal China for the long-term assignment of…

    Read more
  • Press release

    Gas4Sea partners and Equinor signed an LNG bunkering agreement

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

    Read more
  • Press release

    ENGIE signs a new long-term green PPA in Spain

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

    Read more
  • Press release

    ENGIE to offtake the first Black Sea gas production in a landmark deal

    ENGIE has signed a 10-year offtake agreement with the Midia Gas Partners to offtake 0.5 bcm per year (approx. 5.5…

    Read more
  • Press release

    ENGIE and Ledger partner to develop the first blockchain hardware securing data at the source of energy production

    Blockchain is opening a world of new opportunities in the energy sector and one of the major challenges is to…

    Read more
  • Press release

    ENGIE signs major offshore wind contract in Europe’s largest renewable energy market

    ENGIE signed a 4-year power-purchase agreement with OWP Arkona, a joint venture of E.ON and Equinor (formerly named Statoil). As…

    Read more
  • Press release

    ENGIE taps into renewable Norway: major wind project and one of the longest ever signed PPA in Europe!

    ENGIE steps into Norway with Tonstad, a green project to construct one of the largest wind farms in the South…

    Read more
  • Press release

    ENGIE draws new renewable landscape in Spain with Goya

    ENGIE concluded with Forestalia, General Electric and Mirova an innovative partnership to develop the Goya project, a nine-subsidy-free wind park…

    Read more
  • Press release

    ENGIE innovates on the upstream to support gas M&A: eyes on HALO

    As part of our global energy management solutions, we signed a first of its kind transaction with Hague and London…

    Read more
  • Press release

    Air Products and ENGIE launch innovative partnership Blockchain technology to certify the traceability of green electricity

    ENGIE and AIR PRODUCTS have signed a contract that will allow AIR PRODUCTS to maximize, trace and certify the green…

    Read more
  • Press release

    ENGIE signs 15-year biomass supply contract with Mitsui & Co. in Japan

    ENGIE has just signed a long-term biomass delivery contract with Japanese business group Mitsui & Co., Ltd. for the supply…

    Read more

ENGIE and CarbonX join forces to scale the early market for permanent carbon removals

Through the investment of ENGIE New Ventures in the Paris-based startup

  • Press release
  • 05/09/2024
image of the post ENGIE and CarbonX join forces to scale the early market for permanent carbon removals

Carbon Dioxide Removal (CDR) is required to achieve global and national net zero targets, according to the Intergovernmental Panel on Climate Change (IPCC). While CDR cannot substitute for immediate and deep emissions reductions, it is part of all modelled scenarios that limit global warming to 2°C or lower by 2100. In the context of sustainable development highlighted in the Paris Agreement, these scenarios identify a central range of CDR deployment between 7 to 9 GtCO2 per year by 2050. 

“Engaging in this ‘pre-compliance’ market now, alongside emissions reduction programmes, enables organisations to contribute to the development of carbon removal methods at scale, gain experience, and secure future supply whilst addressing carbon liabilities and future carbon accounting frameworks.” said Paolo Piffaretti, Co-founder and Chief Executive Officer of CarbonX. 

The investment is consolidated by a collaboration agreement with ENGIE’s business entity, Global Energy Management & Sales, which aims to bring CarbonX’s set of solutions to its wide portfolio of customers. CarbonX’s continued investment in market intelligence, procurement, finance, and risk management capabilities will allow committed and new-to-market buyers to optimise their strategies and impact, as well as manage risk. 

“Through this investment and the partnership with CarbonX, ENGIE further demonstrates its global leadership in accelerating the green transition. Reaching net zero will require a broad set of solutions, not only to decarbonise, but also to remove CO2 from the atmosphere and store it permanently. 

CarbonX is uniquely placed to help our customers navigate the emerging CDR market and to contribute to scale the most promising CDR technologies.” said Jérôme Malka, Executive Committee member at ENGIE’s business entity ‘Global Energy Management & Sales’.  

ENGIE New Ventures, ENGIE’s investment fund for innovative start-ups accelerating the energy transition, has partnered with Redstone and PROfounders to invest in CarbonX. This new funding round consolidates CarbonX’s position as the preferred expert partner for organisations with net-zero and net-negative commitments. 

Others business news

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    Under the terms of a five-year agreement, Norwood Medical will initially match 50% of its electricity consumption at four locations!

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    Power Purchase Agreement for the supply of renewable energy with Guarantees of Origin (GoOs)

    Read more
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    ENGIE and Carrefour have signed a PPA energy purchase and sale agreement, thus reinforcing its consumption of electricity from renewable…

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  • Press release

    BASF and ENGIE signed a long term Biomethane Purchase Agreement in Europe 

    BASF and ENGIE signed a 7-year Biomethane Purchase Agreement (BPA). Under the BPA, ENGIE will supply BASF with 2.7 to…

    Read more
  • Press release

    Google and ENGIE strengthen their partnership through Power Purchase Agreements in Belgium 

    Google and ENGIE have just signed a series of new Corporate Power Purchase Agreements (cPPAs) for which ENGIE will provide…

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  • Press release

    ENGIE and Catona Climate join forces to scalesupply of nature-based carbon removals

    The preorder of 5,000,000 nature-based removal credits from Catona’s carbon portfolio will enable ENGIE to flexibly source removals from multiple…

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    Veolia, Waga Energy and ENGIE join forces to contribute to the development of the Renewable Natural Gas industry in France

    Veolia, Waga Energy and ENGIE join forces to contribute to the development of the Renewewable Natural Gas industry in France.

    Read more
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    Read more
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    This renewable energy comes from the Moray West offshore wind farm in Scotland

    Read more
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    ENGIE and BKV partner for sustainable natural gas with carbon capture, enhancing transparency through blockchain verification.

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    ENGIE to supply Microsoft Data Centers in Texas with 24x7 Renewable Energy Matching Program

    Innovative program to match electricity demand with wind and solar energy

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    In February, energy groups ENGIE and Equinor announced an MoU to develop low carbon hydrogen projects together. Now the two…

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    The iliad Group and ENGIE sign their first Power Purchase Agreement together, covering a 15-year period in France

    The iliad Group and ENGIE are announcing today that they have signed their first (off-site) Power Purchase Agreement (PPA) together…

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    ENGIE and Arkema have signed a long-term agreement starting on 1st January 2023, for the supply of 300 GWh/year of…

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    ENGIE and Google conclude a Corporate PPA relying on Ocean Winds’ offshore wind development

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    Charter Hall signs long-term renewable energy supply agreement with ENGIE

    Charter Hall Group (Charter Hall or the Group) is pleased to announce it has signed a significant Power Purchase Agreement…

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    SONATRACH and ENGIE sign a gas sale and purchase agreement in Algiers

    The national oil & gas company SONATRACH and the French energy and services group ENGIE have reached an agreement for…

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    ENGIE and Google Cloud join forces to accelerate wind energy development with advanced data management and artificial intelligence

    ENGIE and Google Cloud aim to optimize wind energy management on the power markets through an Artificial Intelligence based solution.

    Read more
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    ENGIE and ERG sign two Power Purchase Agreements (PPAs) for new wind farms in Scotland

    As ENGIE has just been ranked number 2 of clean energy developers for 2021 by BloombergNEF.

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    The newly incorporated French company The Shared Wood Company (SWC), which was created by experienced forestry experts, develops nature-based solutions…

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    Alunorf concludes wind energy supply contract with ENGIE

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    O-I Glass, Inc. (“O-I”) (NYSE: OI) and ENGIE’s global entity “Global Energy Management & Sales” reached a long-term agreement for…

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    Covestro and ENGIE sign supply agreement for green power in Belgium

    45 percent of Covestro Antwerp's electricity demand covered by renewable energy | Capacity of almost 40 megawatts from new onshore…

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    ENGIE and Equinor join forces in the development of low-carbon Hydrogen

    ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market…

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    ENGIE, Bureau Veritas and the CEA assure the traceability of green energy thanks to blockchain

    Paris, January 7th : Bureau Veritas and the CEA execute the first validation of smart contracts by formal proof for…

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    ENGIE and INEOS sealed the largest corporate wind power purchase agreement (PPA) for an industrial in Belgium

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    ENGIE taps into renewable Norway: major wind project and one of the longest ever signed PPA in Europe!

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Carrefour Spain partners with ENGIE to accelerate its transition to renewable energy

ENGIE and Carrefour have signed a PPA energy purchase and sale agreement, thus reinforcing its consumption of electricity from renewable sources. With a duration of 10 years, the agreement offers a diversified and competitive renewable supply. 

  • Press release
  • 13/08/2024
image of the post Carrefour Spain partners with ENGIE to accelerate its transition to renewable energy

Carrefour Spain signed a Power Purchase Agreement (PPA) with ENGIE, bringing the company closer to its goal of utilizing 100% renewable electricity by 2030. Under this 10-year agreement, Carrefour will receive energy supply from four of ENGIE’s assets: two wind farms and two solar parks. Their combined capacity of approximately 180 GWh/year will help Carrefour in its commitment to carbon neutrality goal while stabilizing energy costs.

In addition to the PPA, Carrefour continues to promote a more sustainable energy model through investment in self-consumption. The company currently operates over 280,000 m² of solar panels across 137 stores, resulting in a reduction of 19,500 tons of CO2 emissions this year. The combination of self-consumption measures and the PPA will account for around 40% of Carrefour’s annual electricity consumption from renewable sources.

Others business news

  • Press release

    ENGIE and Safran Sign Landmark 10-year Renewable Energy Supply Agreement for the UK

  • Press release

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    Read more
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    Read more
  • Press release

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    Read more
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    Read more
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    Read more
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    Read more
  • Press release

    ENGIE x Movhera - First hydroelectric energy dispatching in Portugal

    September 9, 2021 officially kickstarted the optimization of Movhera’s six hydroelectric power plants in Portugal totaling 1.7 GW capacity, with…

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  • Press release

    ENGIE and Google Sign 24/7 Carbon-Free Energy Supply Agreement in Germany and Strengthen Existing Collaboration

    ENGIE and Google today signed a 24/7 carbon-free energy supply agreement in Germany, a major milestone in the companies’ existing…

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  • Press release

    Covestro and ENGIE sign supply agreement for green power in Belgium

    45 percent of Covestro Antwerp's electricity demand covered by renewable energy | Capacity of almost 40 megawatts from new onshore…

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  • Press release

    ENGIE and Equinor join forces in the development of low-carbon Hydrogen

    ENGIE and Equinor announce their partnership to develop joint low-carbon hydrogen activities. The partners will investigate the production and market…

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  • Press release

    ENGIE, Bureau Veritas and the CEA assure the traceability of green energy thanks to blockchain

    Paris, January 7th : Bureau Veritas and the CEA execute the first validation of smart contracts by formal proof for…

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  • Press release

    ENGIE and INEOS sealed the largest corporate wind power purchase agreement (PPA) for an industrial in Belgium

    INEOS has just concluded a 10-year agreement with ENGIE, for the purchase of renewable electricity and will avoid 1,150,000 tonnes…

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  • Press release

    ENGIE and Air Liquide sign a long-term power purchase agreement for renewable electricity in Spain

    From January 2021, ENGIE will supply Air Liquide with renewable electricity from its energy portfolio in Andalusia, equivalent to 15…

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  • Press release

    ENGIE successfully entered into the 1st trade on EEX's Japanese Power Futures

    On Monday 18th, 2020, the European Energy Exchange (EEX) extends its global power product suite by offering clearing services for…

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  • Press release

    ENGIE and Energiekontor conclude 15-year PPA for solar park in Germany

    With its first long-term power purchase agreement for solar energy in Germany, ENGIE confirms its ambitions in the expansion of…

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  • Press release

    ENGIE and FORTIA ENERGÍA sign a large multicorporative PPA for the supply of industrial consumers on the Iberian market

    ENGIE and Spanish energy management platform for large industrial consumers Fortia Energia have signed a long-term agreement providing for the…

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  • Press release

    ENGIE signs a new Power Purchase Agreement with a local authority in France

    In the East of France, the Departmental Council of “Meurthe-et-Moselle” (which rules an area of 7,00 000+ people) has decided…

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  • Press release

    ENGIE and LHOIST sign a first blockchain-certified green electricity contract

    ENGIE and LHOIST, a global leader in lime, dolime and minerals, have signed a renewable energy contract for 8.4 MW,…

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  • Press release

    ENGIE and the Algerian national hydrocarbon company SONATRACH expand their trade relationships

    ENGIE and the Algerian national hydrocarbon company SONATRACH signed today a series of agreements on the supply of natural gas,…

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  • Press release

    ENGIE and Microsoft announced innovative renewable initiatives

    Microsoft and ENGIE announced today a long-term solar and wind energy power purchase agreement in the United States and implementation…

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  • Press release

    Google announces its biggest corporate purchase of renewable energy in history, including 92 MW energy deal in Belgium sealed with ENGIE

    Google today announces its biggest corporate purchase of renewable energy in history. The purchase is made up of a 1,600-megawatt…

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  • Press release

    Shah Deniz gas sales contract partially transferred from ENGIE to Shell

    ENGIE, Shell, Azerbaijan Gas Supply Company (AGSC) and SOCAR have agreed on a partial transfer of ENGIE’s Shah Deniz gas…

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  • Press release

    ENGIE supports L’Oréal to achieve its Carbon Neutral Goal in China

    ENGIE, through its global energy management solutions in China, signed an agreement with L’Oréal China for the long-term assignment of…

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  • Press release

    Gas4Sea partners and Equinor signed an LNG bunkering agreement

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

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  • Press release

    ENGIE signs a new long-term green PPA in Spain

    ENGIE España and ADISSEO Group strengthen their commitment to sustainable energy and sign one of the first 10-year green Power…

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  • Press release

    ENGIE to offtake the first Black Sea gas production in a landmark deal

    ENGIE has signed a 10-year offtake agreement with the Midia Gas Partners to offtake 0.5 bcm per year (approx. 5.5…

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  • Press release

    ENGIE and Ledger partner to develop the first blockchain hardware securing data at the source of energy production

    Blockchain is opening a world of new opportunities in the energy sector and one of the major challenges is to…

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  • Press release

    ENGIE signs major offshore wind contract in Europe’s largest renewable energy market

    ENGIE signed a 4-year power-purchase agreement with OWP Arkona, a joint venture of E.ON and Equinor (formerly named Statoil). As…

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  • Press release

    ENGIE taps into renewable Norway: major wind project and one of the longest ever signed PPA in Europe!

    ENGIE steps into Norway with Tonstad, a green project to construct one of the largest wind farms in the South…

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  • Press release

    ENGIE draws new renewable landscape in Spain with Goya

    ENGIE concluded with Forestalia, General Electric and Mirova an innovative partnership to develop the Goya project, a nine-subsidy-free wind park…

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  • Press release

    ENGIE innovates on the upstream to support gas M&A: eyes on HALO

    As part of our global energy management solutions, we signed a first of its kind transaction with Hague and London…

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  • Press release

    Air Products and ENGIE launch innovative partnership Blockchain technology to certify the traceability of green electricity

    ENGIE and AIR PRODUCTS have signed a contract that will allow AIR PRODUCTS to maximize, trace and certify the green…

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  • Press release

    ENGIE signs 15-year biomass supply contract with Mitsui & Co. in Japan

    ENGIE has just signed a long-term biomass delivery contract with Japanese business group Mitsui & Co., Ltd. for the supply…

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