Valorem selects Alliance Group to enter into PPA for Vigeant solar park

Valorem, a leading energy producer, has begun consultations with market buyers seeking power purchase agreements (PPAs) for various wind and solar projects under development. After a thorough evaluation process, Valorem has selected the Alliance Group, a federation of small and medium-sized agri-food enterprises (SMEs), as the buyer of the electricity generated by the future Vigeant solar park. This agreement covers a period of 20 years.

The Vigeant solar park, located on a plot of land owned by Sodem, a French sheep and goat abattoir, will include a pasture for sheep and is estimated to generate approximately 12.4 gigawatt hours (GWh) per year, covering 15% of the Alliance group’s energy requirements.

Valorem’s decision to cooperate with the Alliance group resulted from the need to secure a market for the Vigeant project, which was not eligible for CRE tenders due to its location on agricultural land. With a history dating back to 1994, Valorem has financed over 865 megawatts (MW) of renewable energy generation facilities and currently has a portfolio of 6.15 gigawatts (GW) of projects under development. In 2023 alone, its assets produced 1.2 terawatt hours (TWh) of green electricity.

On the other hand, the Alliance federation was looking for a reliable supply of renewable energy at a stable price. Energy purchases represent a significant expense for the Group, especially for its facilities producing frozen and fresh goods, which rely heavily on refrigeration.

Virginie Vivalda, PPA Market Manager at Volterres, a corporate social responsibility (CSR) platform facilitating sustainable energy transactions, highlights the growing interest in PPAs and green energy solutions among medium-sized enterprises across various sectors. Volterres played a key role in facilitating the partnership between Valor and the Alliance group, providing expertise and support to both sides in achieving their goals.

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