Potential offtaker

PSA Automobiles SA

www.groupe-psa.com

Estimated electricity consumption

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Countries of production presence

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PSA Automobiles SA is a French multinational corporation that operates in the automobiles sector. The company is one of the leading manufacturers of cars and commercial vehicles in Europe, with a strong presence in the global market. PSA Automobiles SA has a rich history that dates back to 1810 when it was founded as a manufacturer of coffee mills and bicycles. Over the years, the company has evolved into a leading player in the automotive industry, with a focus on innovation, sustainability, and customer satisfaction.

Decarbonisation is a key priority for PSA Automobiles SA, and the company is committed to reducing its carbon footprint and contributing to the fight against climate change. The company has set ambitious targets to reduce its CO2 emissions and has invested heavily in research and development to develop more sustainable and efficient vehicles. PSA Automobiles SA has also adopted a circular economy approach to reduce waste and improve resource efficiency.

Corporate energy is another area of focus for PSA Automobiles SA. The company is committed to reducing its energy consumption and increasing its use of renewable energy sources. PSA Automobiles SA has implemented a range of energy efficiency measures across its operations, including the use of energy-efficient lighting, heating, and cooling systems. The company has also invested in renewable energy projects, such as solar and wind power, to reduce its reliance on fossil fuels.

Corporate power purchase agreements (PPAs) are an important tool for PSA Automobiles SA to achieve its renewable energy goals. The company has signed several PPAs with renewable energy providers to secure a reliable and cost-effective source of renewable energy. These agreements enable PSA Automobiles SA to purchase renewable energy directly from the source, which helps to reduce its carbon footprint and support the development of renewable energy infrastructure.

Renewable energy is a key focus for PSA Automobiles SA, and the company is committed to increasing its use of renewable energy sources across its operations. The company has set a target to source 100% of its electricity from renewable sources by 2025. To achieve this goal, PSA Automobiles SA is investing in renewable energy projects, such as solar and wind power, and is exploring new technologies, such as hydrogen fuel cells and electric vehicles.

PSA Automobiles SA is also committed to promoting sustainable mobility and reducing the environmental impact of its vehicles. The company has developed a range of low-emission vehicles, including hybrid and electric vehicles, which are designed to reduce CO2 emissions and improve fuel efficiency. PSA Automobiles SA has also implemented a range of measures to reduce the environmental impact of its manufacturing processes, such as the use of recycled materials and the implementation of energy-efficient production methods.

In conclusion, PSA Automobiles SA is a leading player in the automotive industry, with a strong focus on sustainability and innovation. The company is committed to reducing its carbon footprint and promoting sustainable mobility through the development of low-emission vehicles and the use of renewable energy sources. PSA Automobiles SA has set ambitious targets to reduce its CO2 emissions and increase its use of renewable energy, and is investing heavily in research and development to achieve these goals. The company's commitment to decarbonisation, corporate energy, corporate PPAs, and renewable energy makes it a leader in the transition to a more sustainable future.