Shell and Air Liquide sign ten-year agreement for renewable electricity in Italy
Shell Energy Europe Limited (SEEL) has signed a ten-year contract with Air Liquide to provide renewable electricity to power its industrial and medical gas production operations in north east Italy.
From 2023 Air Liquide will purchase 52 gigawatt hours of solar photovoltaic renewable energy a year which will be sourced from SEEL鈥檚 portfolio of solar power offtake agreements in Italy. With an equivalent solar photovoltaic installed capacity of 42 megawatts, this renewable electricity will power the production of a large proportion of Air Liquide鈥檚 industrial and medical gases in the north east of the country and save nearly 24,000 tonnes of CO2 emissions each year.
Pascal Vinet, Senior Vice President and a member of the Air Liquide Group鈥檚 Executive Committee supervising Europe Industries activities, said: 鈥淲ith this new contract, Air Liquide takes another step towards the energy transition, supplying its operations with ever-increasing amounts of renewable electricity. This agreement demonstrates, once again, our ability to provide our customers with solutions contributing to CO2 emissions reduction and illustrates the Group commitment to implement concrete actions to foster a low-carbon society, in line with our Sustainability Objectives.鈥
Rupen Tanna, General Manager for Power at Shell Energy Europe, said: 鈥淎cross Shell Energy Europe, we are focused on delivering a range of clean power solutions to help customers reduce their emissions and we are delighted to help Air Liquide progress their decarbonisation goals. We have a growing portfolio of renewable energy and this supports the expansion of clean energy developments in countries where we operate.鈥
Air Liquide has existing agreements for renewable power in several geographies such as the United States, Spain, the Netherlands and Belgium. This new contract signed in Italy underlines Air Liquide's commitment to play a leading role in the energy transition and reduce its carbon footprint, in line with its sustainability objectives.
Shell Energy Europe is present in 14 European power markets, offtakes renewable power from wind farms and solar parks in mainland Europe and the 麻豆传媒, providing business customers with innovative, reliable and cleaner energy solutions and helping them navigate through the energy transition.
Shell Energy Europe Limited acts through its agent, Shell Trading and Shipping Company Limited.
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