RUBIS: Rubis participates in the construction of the world’s first multi-megawatt hydrogen power plant in French Guiana

RUBIS RUBIS: Rubis participates in the construction of the world’s first multi-megawatt hydrogen power plant in Guyana 29-Sep-2021 / 17:45 CET / CEST French regulatory news broadcast, transmitted by EQS Group. The issuer is solely responsible for the content of this advertisement.

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Paris, September 29, 2021, 5:45 p.m.

RUBIS TAKES PART IN THE CONSTRUCTION

THE WORLD’S FIRST MULTIMEGAWATT HYDROGEN

POWER PLANT IN FRENCH GUIANA

This project is a concrete example of Rubis’ strategy of developing sustainable and carbon-free energy projects by engaging in non-intermittent renewable electricity production.

SARA (Société Anonyme de la Raffinerie des Antilles, Groupe Rubis) and its partners Meridiam and Hydrogen de France (HDF) are launching the construction of the West Guyanese power plant (CEOG: Western Guyana power plant). This project, located in the town of Mana, is currently the world’s first multi-megawatt hydrogen power plant as well as the world’s largest intermittent renewable energy storage project via hydrogen (128 MWh of stored energy). . CEOG anticipates the future of renewable energies by eliminating their intermittence thanks to storage on an industrial scale.

This plant will produce 100% renewable electricity from solar energy and water to supply the equivalent of 10,000 homes in western Guyana 24 hours a day, all year round, at a cost lower than diesel power plants in the territory. CEOG will prevent the combustion of 12 million liters of diesel per year and the emission of 39,000 tonnes of CO2 per year compared to an equivalent thermal power plant[1]. Operating in total autonomy, CEOG will also secure the electricity supply to the Saint-Laurent-du-Maroni region in the event of a breakdown or maintenance of the electricity network.

The plant will provide stable electricity without emitting greenhouse gases, fine particles, noise or smoke. The solution developed by HDF, called Renewstable (R), makes it possible to produce locally the electricity required locally.

This electricity will be provided by the combination of a photovoltaic park and long-term mass energy storage in the form of hydrogen, coupled with short-term battery storage. It will be injected into the Guyanese electricity network and its production will be covered by a 25-year capacity contract with EDF (Electricity De France).

Construction will begin this fall and commissioning of the plant is scheduled for April 2024. It will generate sales of around 17 million euros for local businesses. During its 25 years of operation, CEOG will create permanent and skilled jobs in western Guyana, in addition to those created during its construction. CEOG is 60% owned by Meridiam, 30% by SARA (Rubis Group) and 10% by HDF. French manufacturers McPhy and HDF will supply the electrolysers and fuel cells respectively. The Franco-German consortium Siemens Energy SAS and Siemens Energy Global GmbH & Co. KG will be the manufacturer and operator of CEOG.

“This long-standing collaboration with HDF allows us to offer a new energy alternative, sustainable and affordable to our customers.

Clarisse GOBIN-SWIECZNIK, Managing Director of Rubis SCA

About Rubis

Created in 1990, Rubis is an independent French operator in the energy sector, listed on Euronext Paris (compartment A, ISIN code: FR0013269123, mnemonic code: RUI) and recognized on the market for its expertise and the quality of its services.

The Group specializes in the distribution of energy and bitumen from supply to the end customer.

Its mission is to provide as many people as possible stable and reliable access to energy to meet their essential mobility, cooking and heating needs, as well as to provide the energy necessary for the operation of industry and professionals. .

With more than 4,000 employees, the Group is present in 41 countries spread over three geographic areas: Africa / Indian Ocean, Caribbean and Europe. Its decentralized organization allows it to operate as closely as possible to local issues.

Aware of the current climate challenges, Rubis wishes to develop in less carbon-intensive activities and becomes HDF’s 2nd shareholder in June 2021, convinced by the potential of hydrogen-electricity, particularly in countries where the Group already has a presence. Rubis is also a signatory of the Global Compact.

About SARA

SARA “Société Anonyme de la Raffinerie des Antilles” has been a key player in energy production in Martinique, Guadeloupe and Guyana for more than 50 years and generates 700 direct and indirect jobs. Its historical missions are to ensure the energy independence of these territories in terms of petroleum products, to ensure strategic stocks, to contribute to the industrialization effort, to be a high-tech pole and to play a role. prominent in society. As part of the energy transition, its strategy is to perpetuate, modernize and decarbonize its core business, while developing new activities around new energies.

The development of these projects is based on three essential criteria: the creation of local and non-displaceable jobs, social acceptability and the search for beneficial partnerships for the projects. This strategy, now proven, is part of a circular and territorial economy approach, with the objective of achieving carbon neutrality in the medium term. To achieve this, SARA invests in innovative projects ranging from Research, Development and Innovation to the combination of mature technologies, systematically monitoring their impact on the climate and the local economy.

Press Contact                            Investor Relations 
PUBLICIS CONSULTANTS - Aurélie Gabrieli  RUBIS - Anna Patrice, Head of IR 
Tel: +(33) 1 44 82 48 33                 Tel: +(33) 1 45 01 72 32 
[email protected] [email protected]

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[1] Ademe study (French document): https://www.guyane.ademe.fr/sites/default/files/ notes-emissions-gas-greenhouse-energy-sector-guyana.pdf; integrating the carbon intensity of the CEOG of 0.136 kg CO2eq / kWh; Guiana coastal thermal kWh emission factor of 0.915 kg CO2eq / kWh.

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Regulatory file PDF file File: Rubis participates in the construction of the world’s first multi-megawatt hydrogen power station in French Guiana

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Language:        English 
Company:         RUBIS 
                 46, rue Boissière 
                 75116 Paris 
                 France 
Phone:           +33 144 17 95 95 
Fax:             +33 145 01 72 49 
E-mail:          [email protected] 
Internet:        www.rubis.fr 
ISIN:            FR0013269123 
Euronext Ticker: RUI 
AMF Category:    Inside information / Other releases 
EQS News ID:     1236891 
 
End of Announcement  EQS News Service 
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1236891 29-Sep-2021 CET / CEST

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September 29, 2021 11:45 am ET (3:45 pm GMT)

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