Berlin-based Q Energy landed €50.4 million for a 74.3 MW floating solar energy plant. The mission is ready to be the most important of its form in Europe.
The financing was organized by Crédit Agricole Transitions & Energies, by its financing arm Unifergie, and Bpifrance.
Construction of the floating photo voltaic array, which covers 127 hectares of former gravel pits in a quarry within the division of Haute-Marne, northeastern France, has begun. In September 2023, Q Energy mentioned it might take 18 months to finish.
The work will see 134,649 photo voltaic modules mounted on floats. Once accomplished, the array will present electrical energy to the equal of 37,000 residents. Pre-commissioning is deliberate for the primary quarter of 2025.
“We are very grateful for the nice belief and dedication of our financing companions on this mission,” mentioned Ludovic Ferrer, business director of Q Energy France. “Together, we take one of the vital revolutionary applied sciences for clear electrical energy era to a brand new degree and supply additional growth of renewable energies in France.”
Q Energy claims to have a portfolio of two.3 GW of accomplished renewable vitality belongings and a growth pipeline of over 15 GW.
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