Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMarch 11 (Renewables Now) - French renewable power producer Neoen SA (EPA:NEOEN) has been awarded seven projects totalling 92.5 MWp in the French government’s PPE2 tender for ground-mounted solar parks.
The company said on Thursday it is the majority shareholder of the projects, which range from 4.7 MWp to 30 MWp in size and are expected to start operations in 2024 and 2025.
The projects are located in the regions of Nouvelle Aquitaine, Occitanie and Grand Est, most of them on former quarries, landfill sites or fallow farmland.
The winning schemes include the first stage of the 10-MWp Valmont solar farm in Moselle in the Grand Est region, located on land owned by the local authority at a disused industrial site. They also include the 8.5-MWp Saint-Rome-de-Cernon project in Aveyron, Occitanie, which represents an agri-solar project with sheep grazing.
Neoen said it has now secured 661.4 MWp in French government tenders in the past five years.
According to chairman and chief executive Xavier Barbaro, the company’s development prospects in its home market are huge. “More than ever, renewable energy plays a key role in competitiveness and energy sovereignty, both major issues for France and for Europe and we are working hard to accelerate the transition,” said Barbaro.
A total of 71 projects were successful in the tender.
Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTCorio, Jera ready Formosa 3 for Taiwan offshore wind auction
Jul 01, 2022 16:12 CESTCost of new renewables climb, but gap to fossil power widens
Jul 01, 2022 16:07 CESTGermany opens public consultation on offshore wind development plan
Jul 01, 2022 15:48 CESTEast Energy, utility to use green H2 to decarbonise district heating in Brandenburg
Jul 01, 2022 15:43 CESTBiden pledges to take action as court limits EPA's authority
Jul 01, 2022 15:38 CEST