Engie comments on rumored plan to acquire EDP Renováveis
Engie has released a statement on the rumors that it was looking to invest in EDP Renováveis. Currently the Portuguese renewable energy company, and its parent, power utility EDP, are attracting international interest, also from Chinese state-owned power company China Three Gorges Corporation (CTG).
Old French uranium site to host solar plant
A 2 MW facility is being planned by French developer Neoen at a depleted mining site in southern France. Despite the unquestionable value of bringing solar to an area contaminated with radioactive waste, the field still requires more action to secure the safety of its surrounding areas.
Société Générale acquires RE crowdfunding specialist Lumo
The Bordeaux-headquartered crowdfunding platform for solar and renewable energy projects has been active in France, mostly in the wind sector, since 2012.
The weekend read: Signs of life
European markets: Growth in solar installations returned to European shores in 2017, with some of the usual suspects posting big numbers, and several new players awakening to the possibilities of PV. Here, pv magazine provides an overview of the latest movements on the continent.
Brazil’s Cemig buys 431 MW of wind and solar in own auction
Selected wind and power plants will supply electricity to the Brazilian utility under a 20-year PPA, starting from 2022.
France’s 50 MW tender for self-consumption ends up with only 2 MW of power assigned
The failure of the tender depended on a series of factors, the most important of which was the clarification of policy around fiscal exemptions for solar self-consumption in the case of third-party investment.
Engie acquires French solar developer Langa
The French energy giant has consolidated its new clean energy focus through the acquisition. The Langa group is expected to have operational PV assets of 165 MW in France by the end of the year.
Bilateral PPAs help independent retailers drive large scale Australian solar
Commercial electricity retailer Flow Power has signed an offtake deal through to 2030 for a quarter of the production from the Kiamal Solar Farm, in Victoria. Total Eren – developer of the $90 million, 200 MW project – has now signed three bilateral PPAs with offtakers – pointing the way for project developers as large-scale solar’s competiveness continues to grow.
Engie commissions 24 MW PV park in south west France
The project will produce nearly 32 million kWh per year, covering the annual electricity consumption of more than 13,000 people. The total amount invested in the park was €28.6 million.
France looks to hydrogen to become 100% renewables
The French Environment & Energy Management Agency (ADEME) will allocate €100 million next year to support the nation’s hydrogen industry. The French government believes hydrogen – for storage of renewable power – can become a pillar of its energy transition.
