GDF SUEZ through La Compagnie du Vent (a 60%-owned subsidiary) and La Compagnie Nationale du Rhône (49.97%) has just been chosen to develop 10 solar photovoltaic panel projects, ground-based or on car park shelters, after a national bid to tender. GDF SUEZ is pleased with this announcement, which attests to the quality of the projects submitted to the government and the relevance of its development model.
These 10 projects totaling a combined power of 53.35 MWc confirm GDF SUEZ’s goal of operating 200 MWc in France by 2016. To date, the Group has 149 MWc of photovoltaic panels in operation, under construction or in advanced development in France.
Four of the 10 projects have trackers technology (photovoltaic panels installed on mobile structures following the movement of the sun), two use concentration photovoltaic panels (using a magnifying-glass effect on the panels to concentrate the sun’s rays even more) to produce 50% of their power and four are installed on top of car park shelters. Construction is scheduled for 2014-2015 with operation set to begin in 2015-early 2016.
GDF SUEZ, La Compagnie du Vent and La Compagnie Nationale du Rhône intend to actively contribute to the development of a job-creating industry in France. The projects chosen as part of this bid to tender are outstanding examples of dialogue, respect for the environment and the involvement of local players:
• Close, regular collaboration with local authorities and government agencies to encourage maximum acceptance on the local level.
• Development of diversified projects geared to each local area, with no environmental impact and no land-use conflicts, in particular agricultural.
• Each project uses manufacturing companies in France. For example, all the photovoltaic modules chosen will be made in France.
This successful bid attests GDF SUEZ’s competitiveness in photovoltaic solar power and strengthens the Group’s development ambitions, especially in the area of renewable energy. GDF SUEZ is France’s leader in onshore wind turbines with 1,255 MW installed and number two in hydroelectric power with 3,824 MW installed.
About GDF SUEZ
GDF SUEZ (gdfsuez.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take up today’s major energy and environmental challenges: meeting energy needs, ensuring the security of supply, fighting against climate change and maximizing the use of resources. The Group provides highly efficient and innovative solutions to individuals, cities and businesses by relying on diversified gas-supply sources, flexible and low-emission power generation as well as unique expertise in four key sectors: independent power production, liquefied natural gas, renewable energy and energy efficiency services.GDF SUEZ employs 147,200 people worldwide and achieved revenues of €81,3 billion in 2013. The Group is listed on the Paris, Brussels and Luxembourg stock exchanges and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe and Euronext Vigeo (World 120, Eurozone 120, Europe 120 and France 20).
Investor Relations contact:
T:+33(0)1 44 22 66 29 / E-Mail : ir[.]gdfsuez.com.