Air Liquide signs a Strategic Collaboration Agreement with CGN for renewable electricity sourcing

On the occasion of the opening of the first Shanghai Carbon Neutrality Exposition, Air Liquide China announces that it has signed a Strategic Collaboration Agreement with China General Nuclear Power Group (CGN) to source renewable electricity for its production plants. Leveraging this agreement, at least 75 GWh will be sourced by Air Liquide in China in 2023, especially for its plants in Anhui.

Air Liquide is sourcing additional 75 GWh in 2023 with CGN, representing a CO2 reduction of 45 kton/yr. The renewable energy will be supplied to some of its industrial and medical gas production assets in China. In the framework of this strategic collaboration agreement, Air Liquide China and CGN will also conduct joint studies on the potential opportunities to develop annual and multi-year Power Purchase Agreements (PPAs). 

Air Liquide China gradually increases low-carbon energy procurement and actively participates in the Beijing Power Exchange green power transactions. 1,200 GWh of low-carbon electricity is expected to be procured in 2023, an increase of about 120% compared to 2020. 

Nicolas Poirot, President and CEO of Air Liquide China, said, “This Strategic Collaboration Agreement opens new ways of sourcing low carbon power for Air Liquide in China, supporting the decarbonization goals of Air Liquide and its customers. In line with its ADVANCE strategic plan, this agreement concretely translates by additional 75 GWh of renewable sourcing in Anhui.”