We win nearly 78 MW of photovoltaic projects in France!

09/03/2017

News

Through our subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, we have won a bidding organized by the French Energy Regulatory Commission (CRE) for 10 photovoltaic projects representing 78 MW of installed capacity.

With these additional projects, we are consolidating our leading position in photovoltaics in France with, at the end of 2016, an installed or construction capacity of 522 MW.

Our Group, and all of its subsidiaries, thus further contributes to the development of renewable energies and a dedicated industrial sector which creates activities and jobs in France. The  selected projects have all been developed in consultation with local stakeholders and will make a priority use of local providers.

These successes in a particularly competitive national bidding, with an average price for large solar photovoltaic power plants of € 62.5 per MWh, reflect the quality of our submissions and our competitiveness in solar photovoltaic technology and, more broadly, in renewable energy.

Already leader in the solar, we are also the onshore wind power leader in France, with an installed capacity of 1,730 MW, and second in hydraulic power with 3,824 MW of installed capacity at 31 December 2016. As France prepares to triple its solar capacity by 2023, we want to accelerate and improve our market share with a target of reaching 2.2 GW by 2021.

Download the Press Release as of March 9, 2017