Air Liquide, Shell Sign 10-Year Agreement for Renewable Electricity in Italy

Highlights :

  • For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from Shell Energy Europe.
  •  The agreement will result in around 24,000 tonnes of carbon dioxide emissions being saved a year.

Air Liquide has announced that it has signed a ten-year contract with Shell Energy Europe Limited for the purchase of renewable energy to power industrial and medical gas production operations in the North East of Italy.

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For ten years, starting 2023, Air Liquide will purchase 52 GWh per year of solar photovoltaic renewable energy from Shell Energy Europe. The equivalent solar photovoltaic installed capacity necessary to deliver this quantity is 42 MW. The agreement will allow Air Liquide to cover a large part of the electricity consumption for the production of industrial and medicinal gases in the North East region.

Pascal Vinet, Senior Vice President, Air Liquide Group, said, “With 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.”

Rupen Tanna, General Manager for Power at Shell Energy Europe, said, “Across 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.”

As per the statement, Air Liquide has previously signed agreements for renewable power in several geographies such as the United States, Spain, the Netherlands and Belgium. On the other hand, Shell Energy Europe is present in 14 European power markets, off-takes renewable power from wind farms and solar parks in mainland Europe and the UK, helping businesses to navigate through the energy transition.

Air Liquide says that taking action today while preparing the future is at the heart of Air Liquide’s strategy and with its ADVANCE strategic plan for 2025, the company is targeting a global performance, combining financial and extra-financial dimensions. It says that positioned on new markets, the Group benefits from major assets such as its business model combining resilience and strength, its ability to innovate and its technological expertise.

Air Liquide develops solutions contributing to climate and the energy transition—particularly with hydrogen—and takes action to progress in areas of healthcare, digital and high technologies.

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