The French power utility EDF is significantly increasing its presence in the renewable energy market in Europe and North America.
The company’s French renewable energy unit EDF Energies Nouvelles announced that it will build wind and PV power plants with a combined capacity of 190 MW in France this year. Of this capacity, however, only 23.7 MW is for PV projects.
EDF Energies Nouvelles secured the contracts to develop these plants in the frame of two tenders held last week by the French government. One tender, which allocated over 500 MW of PV capacity, was for large-scale PV projects exceeding 250 kW, while another tender allocated about 20 MW for PV installations for self-consuption.
EDF Energies Nouvelles specified that two large-scale projects totaling 15 MW were selected through the first tender, while the remaining capacity comes from the tender for self-consumption. The company stressed that 8.3 MW is almost half of the power allocated in this tender.
Meanwhile, the US independent power producer EDF Renewable Energy, which is a subsidiary of EDF Energies Nouvelles, announced the creation of Distributed Electricity and Storage (DES), a new unit specializing in the development of distributed solar and storage projects up to 30 MW.
DES will implement new solar-plus-storage business models for corporate, institutional and utility customers in partnership with EDF affiliates in North America.
EDF EN said the new unit will offer energy supply, hedging, and risk management, along with options for demand response, load management, and on- and off-site renewable generation.
EDF EN began expanding its presence in North America with the acquisition of US EPC developer GroSolar in early 2016. The company builds commercial and industrial PV systems.
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