The French government has awarded projects with a combined capacity of over 1.1 GW in its latest tender for onshore wind power capacity that aims to back the country’s 2030 renewables targets. The competition has ended up with 73 winning proposals selected at an average price of EUR 85.29 (USD 92.88) per MWh, the Ministry […]
The French government has selected roughly 173 MW of solar projects in the latest tenders for rooftop commercial and industrial (C&I) and ground-mounted capacity, witnessing an increase in prices in both rounds. The fourth round of the country’s PPE2 multi-year energy procurement programme has resulted in winning bids totalling 58 MW for rooftop C&I installations, […]
French financial services provider Banque des Territoires has joined the Ocean Winds joint venture (JV) in a bid for two 250-MW floating wind sites in France’s upcoming AO6 tender, the partners said on Tuesday. The 50/50 JV of utilities EDP Renewables (ELI:EDPR) and Engie SA (EPA:ENGI) was in the group of bidders selected by the […]
The French Ministry of Ecological Transition has designated the winning status to 172.9 MW of projects in a tender for innovative solar photovoltaic (PV) installations. A total of 66 candidates were successful in the first competitive round of its kind under the country’s PPE2 subsidy programme, the government announced on Wednesday. The tender was open […]
Britain’s Intermediate Capital Group (ICP.L) is investing 240 million euros ($240 million) in Zeplug, a French firm specialising in electric vehicle (EV) charging services in multi-occupant and office buildings, the companies said. In a joint statement, the companies said Zeplug would receive a “significant primary capital investment” from asset manager ICG’s infrastructure investment arm ICG […]
Renault plans to produce as many as 400,000 electric vehicles in three sites combined each year. Renault will create ElectriCity a wholly owned unit that combines operations at the three sites in Douai, Maubeuge and Ruitz. Renault Megane E-Type electric hatchback used for representational purpose. Renault SA revealed just how much work is needed to […]
The new company will include the Douai car assembly site, the Ruitz gearbox manufacturing site and the Maubeuge commercial vehicles assembly plant from Jan. 1, 2022. PARIS: French carmaker Renault will combine three of its plants in northern France into a new legal entity, Renault ElectriCity, to focus on electric vehicle manufacturing, two sources close […]
The objective of the MoU is to establish the basis for the promotion of bilateral cooperation in the field of new and renewable energy on the basis of mutual benefit, equality and reciprocity. New Delhi: The Union Cabinet on Wednesday approved the signing of a Memorandum of Understanding (MoU) between India and the French Republic […]
Two sides in talks about gas projects in three provinces Iraq, Total discuss financing for oil infrastructure Iraq wants to lower dependence on Iranian gas, electricity Dubai — Iraq and French oil major Total are in talks to jointly work on developing associated gas and solar power projects, the country’s oil minister said March 17, as […]
Casino Guichard-Perrachon SA is considering an initial public offering of renewable energy provider GreenYellow SAS, as the French retailer moves ahead with debt reduction plans, people familiar with the matter said. A listing of GreenYellow is among several possibilities under consideration, the people said, asking not to be identified because the information is private. Casino […]