SNCF Énergie And REDEN Sign 25-Year Solar PPA For 20 GWh Annually

SNCF Énergie and REDEN have signed a 25-year Power Purchase Agreement (PPA) for a 16 MWc solar plant located in the Landes region of France. Under the agreement, the Uchacq-et-Parentis solar plant will supply 20 GWh of electricity annually to SNCF Énergie, contributing to the company's decarbonization objectives. This deal builds upon a previous, larger agreement signed in 2022, indicating a continued strategic partnership between the two entities in the renewable energy sector. The PPA structure allows REDEN to secure long-term revenue for its solar plant, while SNCF Énergie gains access to a stable supply of renewable energy to power its operations. This agreement underscores the growing trend of corporations directly procuring renewable energy to meet sustainability targets and manage energy costs. The project's operational status further reduces risk for SNCF Énergie, as the plant is already generating power.