Business
Orange signs a renewable power purchase agreement with Boralex in France
Orange signs a renewable power purchase agreement with Boralex in France Canada Ne...
About this update from Boralex Inc. Class A
[{"type":"text","content":"\n\n\n\nOrange signs a renewable power purchase agreement with Boralex in France\n\n/* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n.prngen2{\nBORDER-TOP:black 0pt; BORDER-RIGHT:black 0pt; VERTICAL-ALIGN: BOTTOM; BORDER-BOTTOM:black 0pt; PADDING-LEFT:0.50em; BORDER-LEFT:black 0pt; PADDING-RIGHT:0.50em\n}\n.prnsbt0{\nBORDER-TOP:0pt\n}\n.prnsbr0{\nBORDER-RIGHT:0pt\n}\n.prnbcc{\nBORDER-COLLAPSE: COLLAPSE\n}\n.prnsbl0{\nBORDER-LEFT:0pt\n}\n.prnsbb0{\nBORDER-BOTTOM:0pt\n}\n\n\n\n\n\n\n\nCanada NewsWire\nPARIS, July 7, 2020\n\n\n\nPARIS, July 7, 2020 /CNW Telbec/ - On July 7, 2020, Fabienne Dulac, Deputy CEO of Orange S.A. and CEO of Orange France, and Nicolas Wolff, Vice-President and General Manager of Boralex, Europe, announced the signing of a Corporate Power Purchase Agreement (PPA).\nThis Corporate PPA between Orange France and Boralex is the first large-scale renewable power purchase agreement signed by Orange in France. \nBoralex, a pioneer in renewable energy and France's leading independent producer of onshore wind power, will supply Orange with 67 GWh/year of renewable electricity generated by the 26 wind turbines at the Ally-Mercoeur wind farm in the Auvergne Rhône-Alpes region). The implementation of this five-year agreement will begin on January 1, 2021. The agreement will cover all the electricity produced by the wind farm, which has an installed capacity of 39 MW.\nThis agreement illustrates Orange's ambitions for the energy management and sustainability of its networks as the volume of data transmissions continues to grow. \nWhen it presented Engage 2025, its new strategic plan, Orange made a major commitment to respond to the climate challenge: it will seek to anticipate the objectives of the GSMA1 by 10 years, with a net zero carbon footprint by 2040, despite the increase in network data transmissions. \nThis will involve increased use of renewable energies, which by 2025 will account for more than 50% of the electricity consumed by the Group. It will also involve an unprecedented effort in energy efficiency. Between now and 2025, Orange will strengthen its Green...