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Voltalia reports growth of revenue and operational profits for 2016

The French wind and solar power developer saw its turnover increase significantly last year. The company is completing the integration of Portuguese PV company Martifer Solar, which it acquired last summer.

Engie takes full control of solar and wind unit Compagnie du Vent

The French energy giant has acquired 100% of its renewable energy subsidiary Compagnie du Vent. The unit has installed over 500 MW of PV capacity to date.


France releases renewable energy plan for French Guiana, solar FITs to be increased by 35%

The French Government this week unveiled a new renewable energy plan for French Guiana. The program includes development of distributed generation, self-consumption and storage solutions, and a 35% increase of FITs for grid-connected installations. Around 40 MW of additional PV capacity is expected to be installed in the region.

Fonroche Solaire changes name to Reden Solar, announces plans to deploy more PV plants in France and Puerto Rico

The French solar developer, which is owned by France-based investment companies Infravia and Eurazeo, aims at installing over 80 MW of new PV plants annually over the next three years.


French energy regulator publishes tender for commercial PV projects for self-consumption

The French Energy Regulatory Authority has published the tender for the installation of renewable energy and PV projects for self-consumption ranging in size from 100 kW to 500 kW. Through the tender the French government aims to allocate 450 MW of renewable energy capacity over the next three years.

EIB and Eiffel Investment Group launch €200 million clean energy fund for bridge financing

The European Investment Bank and Eiffel Investment Group have launched a fund devoted to investments in the green economy in France and Europe. The fund will provide bridge financing for, among others, projects in the solar and storage sectors.


Veolia opens solar module recycling facility in France

The French environmental services provider has secured a 4-year contract from PV cycle for the treatment of end-of-life photovoltaic modules.


France supports South Africa grid improvement with $477 million

The French Development Agency (AFD) has provided South Africa’s power utility Eskom with a ZAR 6 billion ($477.7 million) credit facility. Eskom, which has delayed the development of several large-scale PV projects over the past years due to grid issues, will use the funds to improve its network and integrate more renewable energy power.


SunPower supplies 130 MW of modules in France

The US module manufacturer will supply 130 MW of modules for 25 projects selected in France’s recent tender for PV projects larger in size than 250 kW. Most of the modules will be manufactured at the company’s factory in Toulouse, south-western France.

Engie issues €1.5 billion green bond, eyes Belgian residential PV segment

The French energy giant has issued its second green bond to sustain its expansion into the renewable energy sector. The €1.5 billion bond will also be used to finance solar projects. Meanwhile, the company has started to target the Belgian commercial PV market.

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