Leroy Merlin To Draw Power From Better Energy Poland Solar Park By 2025

Leroy Merlin To Draw Power From Better Energy Poland Solar Park By 2025

Construction and decoration firm Leroy Merlin Poland has signed a PPA with Better Energy to draw power from latter’s Chelmno solar park which is currently under construction. The Power Purchase Agreement (PPA) is expected to commence in 2025.

According to Better Energy, the 10-year PPA will allow Leroy Merlin Poland to secure the long-term supply of green renewable energy from the Chelmno solar park at a stable price. Starting from January 2025, around 20% of the company’s energy needs will be covered by electricity from renewable sources. This is expected to decrease its emissions by more than 8,000 tons of CO2 per year, stated the solar energy firm in a statement.

The guaranteed annual volume of renewable energy will amount to 14 GWh or approximately 20% of Leroy Merlin’s domestic electricity consumption. This corresponds to the annual electricity needs of around 7,000 Polish households. Better Energy’s Chelmno solar park is currently under construction, and the Power Purchase Agreement (PPA) is expected to commence in 2025.

The 10-year physical PPA will enablee Leroy Merlin offtake renewable energy from Better Energy’s Chelmno solar park. In the selected physical PPA model, green energy is distributed from the producer to the off-taker, within the existing grid infrastructure and through a selected balancing entity. The benefit for the energy consumer not only includes the opportunity to reduce emissions and contribute to establishing a new solar park but also secures renewable energy on a long-term basis at an attractive price.

“Our green logo is proof of our obligation. Signing a contract for the long-term supply of energy from renewable installations is not only a source of satisfaction but, above all, a milestone in our energy transformation. This first PPA for Leroy Merlin Poland is likely not the last, as it’s in line with the strategy of social and environmental responsibility of our business which we’re consistently implementing. Energy transformation is its key pillar – in addition to continuous efforts to reduce our current energy consumption and add our renewable energy installations, with 11 already built and more in the pipeline,” explains Krzysztof Kordulewski, CEO of Leroy Merlin Poland.

“By signing PPAs with Better Energy, companies contribute to the construction of green installations and adding new renewable capacity to the power grid. Through our solar parks, we want to help them secure cost-effective green energy and reduce their carbon impact. By working with us, they can effectively meet their climate goals and future-proof their business,” says Mikkel Thorup, Senior Director of PPA at Better Energy.

Measures to reduce the company’s emissions, especially those related to energy consumption, are key to meeting Leroy Merlin Poland’s short-term climate goals. These are specifically defined – total emissions for the company and its value chain are to be down by 50% in 2035 compared to 2022, and climate neutrality is to be achieved no later than 2050.