Renault accelerates the decarbonization of its plants

The Renault group has announced that it is accelerating the decarbonization plan for its plants in France through three forward-looking partnerships.

Share:

Comprehensive energy news coverage, updated nonstop

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

7-Day Pass

Up to 50 articles accessible for 7 days, with no automatic renewal

3 $/week*

FREE ACCOUNT

3 articles/month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 30,000 articles • 150+ analyses per week

The Renault group has announced that it is accelerating the decarbonization plan for its plants in France through three forward-looking partnerships.

A decisive step

For Renault, this new stage is taking shape thanks to three partnerships that will enable the energy transition: Voltalia, Engie and Dalkia. The Renault Group and Voltalia sign the largest long-term renewable electricity supply contract in France. With a capacity of 350MW, this contract will represent the production of approximately 500GWh per year by 2027.

With a duration of 15 years, this is an unprecedented commitment in France in terms of power. This agreement will enable Renault to cover up to 50% of the electricity consumption of its production activities in France. Voltalia will install photovoltaic panels on French territory for a capacity of 100MW from 2025.

This agreement will cover Cléon’s electrical activities as well as the entire sustainable electricity needs of the ElectriCity cluster. It is the largest and most competitive electric vehicle production center in Europe. In addition, a geothermal project unprecedented in Europe will be launched at the Douai site.

A strategic partnership

It is a partnership between the electricity supplier Engie and the Renault group. This large-scale project is part of a Heat Purchase Agreement (HPA) with the objective of supplying the plant with low-carbon heat. The goal is to replace 70% of its gas needs from local and renewable sources.

At the end of 2023, Engie will start drilling work on the Douai plant to extract hot water (130-140°C) at a depth of 4,000 meters so that the system can be commissioned by 2025. The water will then be returned to its natural environment. Once implemented, this geothermal technology would provide nearly 40MW of continuous power.

Dalkia, part of the EDF Group, will supply decarbonated heat to the Maubeuge plant. This solution is made possible by the installation of a biomass boiler and heat recovery systems on the site. With a capacity of 15 MW, this boiler should enable the plant to cover 65% of its gas needs from local and renewable sources by 2025.

Aramco becomes Petro Rabigh's majority shareholder after purchasing a 22.5% stake from Sumitomo, consolidating its downstream strategy and supporting the industrial transformation of the Saudi petrochemical complex.
Chevron India expands its capabilities with a 312,000 sq. ft. engineering centre in Bengaluru, designed to support its global operations through artificial intelligence and local technical expertise.
Amid rising energy costs and a surge in cheap imports, Ineos announces a 20% workforce reduction at its Hull acetyls site and urges urgent action against foreign competition.
Driven by growing demand for strategic metals, mining mergers and acquisitions in Africa are accelerating, consolidating local players while exposing them to a more complex legal and regulatory environment.
Ares Management has acquired a 49% stake in ten energy assets held by EDP Renováveis in the United States, with an enterprise value estimated at $2.9bn.
Ameresco secured a $197mn contract with the U.S. Naval Research Laboratory to upgrade its energy systems across two strategic sites, with projected savings of $362mn over 21 years.
Enerflex Ltd. announced it will release its financial results for Q3 2025 before markets open on November 6, alongside a conference call for investors and analysts.
North Atlantic and ExxonMobil have signed an agreement for the sale of ExxonMobil’s stake in Esso S.A.F., a transaction subject to regulatory approvals and financing agreements to be finalised by the end of 2025.
The Canadian pension fund takes a strategic minority stake in AlphaGen, a 11 GW U.S. power portfolio, to address rising electricity demand from data centres and artificial intelligence.
Minnesota’s public regulator has approved the $6.2bn acquisition of energy group Allete by BlackRock and the Canada Pension Plan, following adjustments aimed at addressing rate concerns.
The Swiss chemical group faces two new lawsuits filed in Germany, bringing the total compensation claims from oil and chemical companies to over €3.5bn ($3.7bn) in the ethylene collusion case.
Statkraft continues its strategic shift by selling its district heating unit to Patrizia SE and Nordic Infrastructure AG for NOK3.6bn ($331mn). The deal will free up capital for hydropower, wind, solar and battery investments.
Petronas Gas restructures its operations by transferring regulated and non-regulated segments into separate subsidiaries, following government approval to improve transparency and optimise the group’s investment management.
Marubeni Corporation has formed a power trading unit in joint venture with UK-based SmartestEnergy, targeting expansion in Japan’s fast-changing deregulated market.
Exxon Mobil plans to reduce its Singapore workforce by 10% to 15% by 2027 and relocate its offices to the Jurong industrial site, as part of a strategic investment shift.
Phoenix Energy raised $54.08mn through a preferred stock offering now listed as PHXE.P on NYSE American, with an initial dividend scheduled for mid-October.
TotalEnergies plans to increase its energy production by 4% annually until 2030, while reducing global investments by $7.5bn amid what it describes as an uncertain economic environment.
Occidental Petroleum is considering selling its chemical subsidiary OxyChem for $10bn, a transaction that forms part of its deleveraging strategy launched after several major acquisitions.
ABO Energy is assessing a shift to independent power production by operating its own renewable parks, signalling a major strategic move in a market that has become more favourable.
Fortescue accelerates the decarbonisation of its operations by leveraging an international network of technology and industrial partners, targeting net zero at its mining sites by 2030.

All the latest energy news, all the time

8.25$/month*

*billed annually at 99$/year for the first year then 149,00$/year ​

Unlimited access - Archives included - Pro invoice

7 DAY PASS

Up to 50 items can be consulted for 7 days,
without automatic renewal

3$/week*

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.