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Solarcentury wins 57 MW in French solar auction

Source: Solarcentury

March 18 (Renewables Now) - UK-based solar power company Solarcentury said on Monday it has won 57 MW of capacity in France’s recent solar photovoltaic (PV) auction, marking its entry into the country’s solar market.

Solarcentury and its development partner OXYGN will build three PV parks on brownfield sites, including the 17-MW Lourches plant in Hauts de France, the 30-MW Marigny facility in Grand Est and the 10-MW Digue de Port-Saint-Louis station in Provence-Alpes-Cote d’Azur. These projects are part of a larger portfolio of sites currently under development in France by Solarcentury.

The company noted it will raise EUR 1.1 million (USD 1.25m) for Lourches and EUR 0.7 million for Digue de Port-Saint-Louis through crowdfunding campaigns. It anticipates to begin construction work on the first site in early 2020.

Upon completion, the three plants will be generating 68 GWh of electricity per year.

(EUR 1.0 = USD 1.133)

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Browse all articles from Ivan Shumkov

Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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