Neoen Signs Power Purchase Agreement with a Leading Power Supplier in France

Neoen has signed a power purchase agreement (PPA) for 139 MW with SNCF Energie, the branch of SNCF dedicated to the sourcing of electricity supply for trains in France. Under this 25-year agreement, SNCF Energie will purchase all the electricity produced from Le Couret Agrisolar Park in Haute-Vienne, France (139 MW) as soon as the park is commissioned. 

The project, which follows Neoen’s develop-to-own model, will be one of the largest solar parks in France, operating under a PPA with SNCF. The solar project has been granted the required authorizations, and it has secured a grid connection. The construction will begin in 2026, with commissioning to follow in 2028. Furthermore, the electricity produced at Le Couret will cover the equivalent of the annual supply for the high-speed Paris-Marseille line.

Find Renewable Power Projects and Tenders in FranceClaim Your Free Leads!

The solar farm will combine renewable electricity production with sheep farming. A farmer will use the 150 hectares as grazing land. The solar farm to be installed is designed to enable cohabitation and safeguard animal well-being. The project includes a farmhouse, a hay barn/shearing area, and a sheepfold for farmers' use. 

Xavier Barbaro, Neoen’s Chairman and Chief Executive Officer, said, “With over 2 GW of PPAs signed around the world with major industry and technology players, Neoen is proud to now be contributing to the decarbonization of the transport sector.”

Read: Neoen Wins Contract to Build Second Largest BESS Project in Canada

Other PPA’s of Neoen

Neoen has established itself as a significant player in the renewable energy sector, securing a series of corporate power purchase agreements (PPAs) to bolster its portfolio. Here are some of the notable PPAs Neoen has signed:

Nordics Region: Neoen has achieved over 1 GW of renewable energy capacity in the Nordics, signing corporate PPAs with major international companies such as Coveris, Equinix, Google, H&M, Heineken, Nobian, Philips, and Signify.

Equinix: A 10-year PPA was signed with Equinix for 25% of the electricity produced at the Storbrännkullen wind farm in Sweden.

Mölnlycke Health Care: Another PPA was signed for the Mutkalampi wind farm in Finland.

These agreements reflect Neoen's commitment to providing green, competitive electricity and its role in supporting the transition to renewable energy sources. With a total of 13 PPAs in the Nordics and an overall capacity of approximately 630 MW, Neoen continues to expand its influence in the renewable energy market.

About SNCF Energie

SNCF Energie, a subsidiary of SNCF Voyageurs, is at the forefront of transforming France’s railway system into a more sustainable and energy-efficient operation. As a significant branch of the national railway company, SNCF Energie’s primary focus is on the procurement and management of electricity for train operations across the country. This strategic role is pivotal to SNCF’s broader commitment to environmental stewardship and the reduction of its carbon footprint.

As one of the largest industrial consumers of energy in France, SNCF’s energy needs are substantial, particularly for train traction. SNCF Energie’s initiatives, such as the agreement with Neoen, are critical to meeting these needs in an environmentally responsible manner. By prioritizing renewable energy sources and innovative projects like agrisolar farms, SNCF Energie is not only contributing to the company’s environmental goals but also setting an example for the transportation sector as a whole.

Read: Brookfield Plans to Acquire a Leading Renewable Energy Developer in France

Connect with decision-makers of Renewable Energy projects in France for business opportunities.

Subscribe to upcoming and ongoing Renewable Energy projects and tenders database in France to get access to reliable and high-quality insights on upcoming, in-progress, and completed renewable energy projects in France.

Our user-friendly platform provides essential details, timely updates, key stakeholder contact information, and business opportunities tailored for engineering companies, industry professionals, investors, and government agencies.

Start a free demo to take your business to the next level!