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.
The 34 MW photovoltaic project, built in the municipality of Zaragosa, Aragon, combines clean energy production with cutting-edge environmental protection measures.
Backed by a 10-year corporate Power Purchase Agreement (PPA), Acampo Estrén demonstrates how renewable energy infrastructure can deliver climate benefits and support biodiversity at the same time.
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
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.
