The European Investment Bank (EIB), with the support of the European Commission, has granted a EUR25 million (US$28.9 million) loan to CEOG S.A.S, a special purpose vehicle dedicated to the project owned by Meridiam EI (60%), Société Anonyme de Raffinerie des Antilles (SARA) (30%) and Hydrogène de France (HDF Energy) (10%).
Located in the municipality of Mana, around 13 km from Saint Laurent du Maroni in the northeast of French Guiana, the project includes the construction and operation of a photovoltaic plant with an installed capacity of 54.5 MW. The plant will be integrated with a 88 MW hydrogen storage facility in gaseous form, a 38 MWh battery energy storage system (BESS), and a fuel cell with a capacity of 3 MW. This power plant will produce electricity for the equivalent of 10,000 homes in Western French Guiana annually.
Country updates
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October 06, 2021
Vestas secures 107 MW of turbine orders for French and Italian wind projects
Vestas has signed a 107 MW turbine deal to supply and install wind turbines to two wind farms in France and Italy. The first order is placed by Boralex and includes the supply and installation of 17...
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October 06, 2021
Construction starts for EUR170 mn West Guiana Power Plant PPP
Meridiam, Hydrogène de France (HDF) and SARA (Groupe Rubis) have commenced the construction of the West Guiana Power Plant PPP project in French Guiana. Located in the commune of Mana, the pro...
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October 05, 2021
Axpo concludes sale of 74.51 MW French wind farms to Encavis fund
Axpo has concluded the sale of five newly built wind farms in France to a special institutional investment fund managed by Encavis Asset Management AG. With a total installed capacity of 74.51 MW, th...
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September 28, 2021
Neoen to sell 11 MWp solar PV and CSP projects to Amarenco
Neoen has entered into an agreement to sell its entire interest in the Grabels and Lagarde solar power plants in France, representing together a total capacity of 11 MWp, to Amarenco Group. The e...
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September 09, 2021
Engie, Neoen to launch public debate for Horizeo solar power complex in Saucats
French energy companies Engie SA and Neoen SA will soon launch the four-month public debate for the proposed 1 GW solar complex in partnership with the transmission network operator RTE...
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