Carrefour Brasil has signed a contract with French energy transition specialist GreenYellow to instal solar power systems in 54 of its stores.
This solar project aims to meet over 30% of the energy needs of the participating sites with an installed capacity exceeding 38 MWp, the company added.
The system is based on a ‘total self-consumption’ model, meaning that all electricity generated will be used directly on site, enhancing energy predictability and independence for these locations.
The 54 photovoltaic installations will be placed on existing store roofs, eliminating the need for additional land use.
These installations will have an estimated annual production of 56 GWh.
Beyond the economic advantages, the project is expected to prevent over 2,000 tonnes of CO₂ emissions annually, which is comparable to planting around 10,000 trees.
This initiative is a key component of Carrefour Brasil’s sustainable development strategy.
The company conducted a comprehensive review of its assets in 2023, to accelerate the integration of solar energy into its operations.
The contract utilises an ‘energy as a service’ model with GreenYellow, which means GreenYellow will handle all aspects of the project – design, financing, deployment, operation and maintenance – for the entire contract term, requiring no upfront capital expenditure (capex) from Carrefour Brasil.
This service provides a turnkey, 100% self-consumed solar solution, offering better visibility into energy costs and significantly accelerating Carrefour Brasil’s decarbonisation efforts, the company noted.
Rodrigo Monteiro, head of energy procurement for Carrefour Brasil Group, stated, “Energy is one of the main drivers of cost and competitiveness for our business.
“By investing in our own production, we reduce our exposure to tariff fluctuations, decrease our emissions, and create a replicable model for the rest of our portfolio.
“This translates into sustainable operational gains, improved cost predictability, and direct value creation for our customers.”
All the electricity produced and consumed on site will not be fed back into the grid, improving the predictability of energy consumption and strengthening the energy independence of the sites involved.
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