The Focola PV greenhouses in New Caledonia. Image by Akuo Energy on Twitter (@Akuo_Energy)
French renewable power supplier Akuo Energy expects to book a year-on-year increase of over 10% in energy sales for 2020, it said on Tuesday.
The French firm anticipates that the increase will lead to an improvement in its annual revenues but did not provide a specific forecast. For comparison, Akuo registered revenues of EUR 261 million (USD 318.6m) in 2019, which grew mainly after energy sales climbed by 22% on the year to EUR 257 million. It said at the time the growth was fuelled by the commissioning of new capacity.
According to unaudited figures, around 44% of Akuo’s energy sales in the first nine months of 2020 came from wind operations, while solar and biomass contributed 30% and 25%, respectively.
Since the start of the year, the French firm has brought online over 100 MW of renewable power plants, mainly in France, New Caledonia, the Dominican Republic and Mali. At end-September, its capacity in operation and under construction stood at 1.3 GW.
Veselina Petrova is one of Renewables Now's most experienced green energy writers. For several years she has been keeping track of game-changing events both large and small projects and across the globe.