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ENGIE Will Develop 325 MW in New Photovoltaic Projects in France and Brazil - ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 14 photovoltaic projects representing 95.5 MW of installed capacity - ENGIE.com
ENGIE Will Develop 325 MW in New Photovoltaic Projects in France and Brazil

 

NewswireToday - /newswire/ - Paris, Ile-de-France, France, 2015/12/09 - ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 14 photovoltaic projects representing 95.5 MW of installed capacity - ENGIE.com. FR0010 208488

   
 
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In France, through its subsidiaries Solairedirect, la Compagnie Nationale du Rhône, La Compagnie du Vent and Futures Energies, ENGIE has won bidding organized by the French Energy Regulatory Commission (CRE) for 14 photovoltaic projects representing 95.5 MW of installed capacity. The ENGIE group thus strengthens its position as photovoltaic leader in France with, to date, power already developed, constructed and operated 570 MW.

Four of these 14 projects use solar tracker equipment (technology by which photovoltaic panels absorb maximum energy by following the course of the sun) and ten feature fixed photovoltaic panels. The panels will be installed on non-agricultural land, with commissioning scheduled before the end of 2017.

ENGIE, major player in the green electricity generation in France
The bidding successes of ENGIE reflect the quality of its submissions and its competitiveness in solar photovoltaic technology and, more broadly, in renewable energy. ENGIE is the solar and onshore wind power leader in France, with an installed capacities of 1,450 MW, and second in hydraulic power with 3,824 MW installed capacity.

In Brazil, ENGIE, with its subsidiaries Tractebel Energia and Solairedirect, successful bid to develop 230 MW of solar after a call for tender organised by ANEEL (Agêncie Nacional de Energia Eléctrica), an agency affiliated with the Brazilian Ministry of Energy, demonstrating the Groupe capacity to put forward a competitive solar offer.

Following the bidding, the Group has secured the sale of 230MW through its subsidiaries Tractebel Energia (30 MW) and Solairedirect (200 MW) for 20 years starting in November 2018.

The electricity will be produced at a 30 MW photovoltaic facility in Assu, in the region of Rio de Grande do Norte, to be built and operated by Tractebel Energia, and two photovoltaic facilities: Floresta, with a capacity of 80 MW, and Paracatu with 120 MW, located respectively in the regions of Rio de Grande do Norte and Minas Gerais, and which will be built and operated by Solairedirect.

ENGIE already operates over 10,000 MW of renewable energy in Brazil. Aside from these new solar projects and existing wind farms, Tractebel Energia is developing wind farm projects of approximately 750 MW via the Santa Monica project (97 MW) in the state of Ceará, and the Campo Largo wind farm located in the state of Bahia, comprising several wind farm projects for a total of some 650 MW at various stages of development.

ENGIE, the first independent power producer in Brazil
With its 68.7%-owned subsidiary Tractebel Energia, ENGIE is the largest independent power producer in Brazil, accounting for approximately 7% of total installed production capacity in the country. 85% of its 8,683 MW capacity[1] comes from renewable energy sources.

[1] In service at June 30, 2015

About ENGIE
ENGIE (engie.com) develops its businesses (power, natural gas, energy services) around a model based on responsible growth to take on the major challenges of energy’s transition to a low-carbon economy: access to sustainable energy, climate-change mitigation and adaptation, security of supply and the rational use of resources. The Group provides individuals, cities and businesses with highly efficient and innovative solutions largely based on its expertise in four key sectors: renewable energy, energy efficiency, liquefied natural gas and digital technology. ENGIE employs 152,900 people worldwide and achieved revenues of €74.7 billion in 2014. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, BEL 20, DJ Euro Stoxx 50, Euronext 100, FTSE Eurotop 100, MSCI Europe, DJSI World, DJSI 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: ir[.]engie.com.

 
 
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Written by / Agency / Source: GDF SUEZ | ENGIE

 
 

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ENGIE Will Develop 325 MW in New Photovoltaic Projects in France and Brazil

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ENGIE |
Publisher Contact: Press Office - ENGIE.com 
+33(0)1 44 22 24 35 / +32 2 510 76 70 engiepress[.]engie.com
 
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