CHANEL & REDEN

[PR] : Chanel and REDEN sign a long-term renewable electricity purchase agreement to accelerate the energy transition

Chanel and REDEN announce the signing of a 20-year Power Purchase Agreement (PPA).

The energy produced by two new photovoltaic power plants, located in Charente-Maritime and Aude, will allow Chanel to cover 30% of its electricity consumption in France, starting January 1, 2026. These plants are co-owned by both companies, with Chanel holding 49% and REDEN holding 51% within the joint venture.

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[PR] REDEN INVESTS IN CLEAN ENERGY IN MOLISE

Marking a major step in its commitment to sustainable energy, REDEN has inaugurated two new photovoltaic power plants in Montenero di Bisaccia (CB), Southern Italy. With a combined capacity of 14 MW, these installations power over 7,000 households and prevent the emission of 13,000 tons of CO₂ per year into the atmosphere.

The Montenero 1 and Montenero 2 projects reflect REDEN’s dedication to environmental preservation and biodiversity enhancement. They integrate solar electricity production with local agriculture, featuring the planting of olive trees, vines and fruit trees, in support of sustainability and the energy transition

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[PR] REDEN INAUGURATES ITS FIRST PHOTOVOLTAIC PLANT IN ITALY

From an abandoned industrial site to a renewable future, Codroipo now hosts a 23.5 MW solar plant, powering 11,000 households and preventing 22,000 tons of CO₂ emissions annually.

As a leading international photovoltaic energy and storage producer, REDEN is committed to establishing resilient, decentralised, and low-impact energy systems that foster a sustainable development model for future generations.

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