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NewswireTODAY - /newswire/ -
Paris, Ile-de-France, France, 2017/07/28 - ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, has been awarded 10 photovoltaic projects in France - ENGIE.com. FR0010 208488
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As part of the second solar bidding session organized by the French Energy Regulatory Commission (CRE4-2), ENGIE, through its subsidiaries ENGIE Green, La Compagnie du Vent, CNR and Solairedirect, has been awarded 10 photovoltaic projects in France, representing 94.59 MW of installed capacity out of the 500 MW that were auctioned. This success consolidates ENGIE’s leading position in photovoltaics in France with an installed and construction capacity of more than 600 MW. ENGIE won nearly 180 MW in the first two CRE sessions.
The selected projects have all been developed in consultation with local stakeholders and will make a priority use of local providers. They will solely be located on non-agricultural and mostly degraded lands.
The success of ENGIE reflects the quality of its offers and the competitiveness of the Group. It also shows the ability of ENGIE to develop projects on the whole territory 1 and on all families (on the ground and photovoltaic power plant shade structure).
In particular, the important success (25 MW) in the “photovoltaic power plant shade structure” family, following the Walon Rivesaltes innovative project, reflects ENGIE’s ambition to accelerate the development of this type of facilities, which have a very limited space needs on the ground.
As France prepares to triple its solar capacity by 2023, ENGIE wants to accelerate and improve its market share, aiming to reach 2.2 GW by 2021.
Already a leader in solar, ENGIE is also the onshore wind power leader in France, with an installed capacity of 1,730 MW, and first in hydraulic power with 3,820 MW of installed capacity on December 31, 2016.
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 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 153,090 people worldwide and achieved revenues of €66.6 billion in 2016. The Group is listed on the Paris and Brussels stock exchanges (ENGI) and is represented in the main international indices: CAC 40, CAC 40 Governance, 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 4422 6629 - E: ir[.]engie.com.
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