Leroy Merlin hypermarket in Russia to go solar

Leroy Merlin hypermarket in Russia to go solar Solar array. Author: Som Energia Cooperativa. License: Attribution 2.0 Generic.

The Russian division of French home improvement and gardening retailer Leroy Merlin will have a 600-kW solar array installed on the site of a hypermarket in Volzhsky, Volgograd Region.

Vershina Group, whose unit Solar Craft LLC was tasked with carrying out this project, said today that construction work has already begun. The photovoltaic (PV) system is expected to be launched in the first quarter of 2022, Vershina Group’s board chairman Pavel Shevchenko said in a statement.

The project is being implemented under the power purchase agreement (PPA) scheme on market terms. It is being funded by Vershina in cooperation with Austrian investors.

Leroy Merlin has set an objective of switching to 100% renewable electricity within five years in order to lower its carbon footprint in the period 2021-2025. According to the announcement, the company is considering similar solar projects in other cities in southern Russia.

The installation in Volzhsky is estimated to cover about 30% of the annual power consumption of that hypermarket.

Choose your newsletter by Renewables Now. Join for free!

More stories to explore
Share this story
Tags
 
About the author
Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

More articles by the author
5 / 5 free articles left this month
Get 5 more for free Sign up for Basic subscription
Get full access Sign up for Premium subscription