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    Neoen finalises the Le Couret Power Purchase Agreement

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    Neoen has entered into a corporate power purchase agreement (PPA) with SNCF Energie, the electricity sourcing branch of SNCF for trains in France, for 139MWp. As per the 25-year agreement, SNCF Energie will buy all the electricity and guarantees of origin generated by the 139MW Le Couret agrisolar park in Haute-Vienne, France, upon its commissioning.


    According to Neoen, this project will be France’s largest solar park to operate under a PPA with SNCF, following Neoen’s develop-to-own model. The project has received the necessary authorizations, and its grid connection is secured. Construction is planned to start in 2026, with the commissioning set for 2028. The electricity from Le Couret will meet the annual energy needs of the high-speed Paris-Marseille line.


    Neoen highlighted that, in collaboration with local officials and the Chamber of Agriculture, the solar farm will integrate renewable electricity production with sheep farming. The 150-hectare site will serve as grazing land, featuring facilities like a farmhouse, hay barn/shearing area, and sheepfold for the farmer.


    Additionally, two apprentices will be trained in sheep farming within an agrivoltaic park


    Guillaume Decaen, Neoen’s French development director, said “We are delighted to announce the signing of this PPA in France and we thank SNCF Energie for their trust.”


    “We are proud to have pioneered agrisolar back in 2019, when we initiated the development of Le Couret, five years before it became an important topic in France.”


    “The park will be home to 700 sheep and 1000 lambs, supporting farming in Haute-Vienne while producing green, low-carbon electricity to power trains.”


    Olivier Menuet, president of SNCF Energie and director of the ecology and energy transition at SNCF Voyageurs, commented “Back in 2007, we led the way in terms of Responsible Procurement and this agreement is a step further along the road to Responsible Energy that we chose to follow in 2016 – aiming for energy sobriety and efficiency, for low-carbon solutions, moving away from fossil fuels thanks to hybrid trains, biofuels, batteries or hydrogen powered trains, and for the use of electricity from renewable sources, hence the PPAs.”


    “As France’s number one consumer of electricity, we have a duty to be exemplary. The PPA with Neoen – my respect and gratitude to their teams and leaders – is another demonstration of our determination to continue purchasing contracting PPAs, as we have been doing since 2018.”


    “We are approaching our target of 20 PPAs for a total of 1.1TWh of renewably sourced electricity. The partnership with Neoen underpins our progress and makes it a reality.”


    Richard Fécamp, general manager of SNCF Energie at SNCF Voyageurs, added “We are particularly proud of this contract, because of its size – it’s probably the largest solar park under PPA to date – and because of the agrisolar component.”


    “We are edging towards our 1100GWh target and are well on the way to upholding SNCF Voyageur’s commitment.”


    Xavier Barbaro, Neoen’s chairman and chief executive, added “I would like to thank our team for this new success. With over 2GW of PPAs signed around the world with major industry and technology players, Neoen is proud to now be contributing to the decarbonization of the transport sector.”


    “Our growth in the extremely promising corporate PPA market is based on the quality and competitive strength of our projects and our demonstrated ability to bring them to fruition. More than ever, Neoen is aiming to be the partner of choice for companies in France and around the world.”


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