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11/20/2023

Reservoir Sun supports l'Oreal in its energy transition

Industry

Solar Photovoltaic

Reservoir Sun supports l'Oreal in its energy transition and inaugurates a 1,250 kWp self-consumption project at the Caudry site

As part of its long-term contract established earlier this year with the L'Oréal factory in Caudry, in the Nord region, Reservoir Sun, a 100% subsidiary of GreenYellow and a leader in solar self-consumption in France, is inaugurating today its first fully self-consumption project.

The project, with a total capacity of 1.2 MWp, consists of a 1 MWp installation in a parking lot canopy and a 250 kWp ground-mounted solar farm, totaling 3,166 solar panels. This installation will cover 10% of the site's electricity needs and produce 1.2 GWh of low-carbon electricity annually, fully consumed by the factory. This amount of electricity is equivalent to what would be needed to power an average of 260 households.

With this project, Reservoir Sun establishes its largest self-consumption solar plant in the Hauts-de-France region.

 

A long-term partnership with the L'Oréal factory in Caudry

Reservoir Sun collaborates with L'Oréal and supports the group in its energy transition in France. The project in Caudry is the first of this collaboration, while two other sites have already been established and are operational.

For L'Oréal, this collaboration aligns with its commitments to sustainability, part of its initiative 'L'Oréal for the Future,' where environmental impact is a key focus. It contributes to the company's goal of diversifying its energy supply sources with renewable and local electricity production.

By choosing Reservoir Sun as a partner in this initiative, L'Oréal aligns itself with a leading actor in solar self-consumption, which has become a market leader in France over the past 5 years. As a pioneer in the short circuit of energy, Reservoir Sun supports tertiary and industrial companies and local authorities in becoming key players in the energy transition.

"At Reservoir Sun, we are proud to support L'Oréal, an industry leader, in its transition towards more sustainable energy for its industrial facilities. By providing solar solutions that reduce consumption and enhance energy performance, we contribute to reinforcing its decarbonization journey," states Mathieu Cambet, CEO of Reservoir Sun.