ENGIE Confirms its Position as Solar No 1 in France

As part of the fourth session of the fourth call for solar tenders organised by the Energy regulatory commission, ‘CRE 4-4’, ENGIE, through its ENGIE Green, LANGA and Compagnie Nationale du Rhône subsidiaries, has won 25 photovoltaic projects in France, nearly 230 MW out of the 720 MW awarded.

As part of the fourth session of the fourth call for solar tenders organised by the Energy regulatory commission, ‘CRE 4-4’, ENGIE, through its ENGIE Green, LANGA and Compagnie Nationale du Rhône subsidiaries, has won 25 photovoltaic projects in France, nearly 230 MW out of the 720 MW awarded.

This is a new record of wins for the same operator. The Group was placed top in the four first sessions of the CRE4 call for tenders with nearly 550 MW won in all. ENGIE, thereby, confirms its position as solar leader in France with already 1,000 MW of installed capacity.

With an average price for this session of €52.1/MWh (on large ground-based power plants), ENGIE is demonstrating its ability to win highly competitive projects over the whole country (including Brittany, Vienne, Morbihan, Alsace) and in all families (with winning projects from 1 MW to 27 MW, for ground-based and canopy power plants). The selected projects have all been developed in consultation with local stakeholders and will, as a priority, use local suppliers. They will be set up only on non-agricultural land, for the most part degraded, thus allowing it to be rehabilitated and creating new activities.

In 2017, a third of the megawatts connected in France came from an ENGIE installation. To more firmly establish its leadership position, ENGIE is counting on strong organic growth as well as on targeted acquisitions. ENGIE has, thus, acquired the Breton company LANGA recognised for its know-how on roofs and ground-based plants. The Group’s target is to achieve 2.2 GW of installed solar capacity in France by 2021.

“With this new record, ENGIE is once again showing its great dynamism and leadership in this fast-growing sector. It is through concrete and tangible results that we will be able to respond to the major challenges of the energy transition and thereby contribute to harmonious progress in France,” stated Gwenaëlle Huet, CEO ENGIE France Renewables.

Source: electricalindia.in