French energy group Engie SA signs a power purchase agreement (PPA) with Orange SA for the two solar photovoltaic projects in France.
The 15-year Corporate Power Purchase Agreement (PPA) between Orange and ENGIE covers the development of two new solar projects totaling 51 MWp in L’Epine (38 MWp) and Ribeyret (13 MWp), both located in the Hautes-Alpes region. These two solar farms will be operational by 1 January 2023 at the latest.
Under this agreement, ENGIE will aggregate all of the renewable energy produced by the wind farms and solar plants for which Orange France signed a power purchase agreement. Furthermore, ENGIE will put its expertise in energy management to use to deploy a continuous energy strip that caters as closely as possible to Orange's actual consumption profile.
Country updates
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February 23, 2021
Eiffel Investment Group raises EUR300m for Eiffel Essentiel's first closing
Eiffel Investment Group SAS has held a first close of EUR300 million (US$363.8 million) for its Eiffel Energy Transition that finances the green economy and energy transition in France and Europe. Th...
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February 22, 2021
EDF Renewables starts construction of 20 MW floating solar power facility in Lazer
EDF Renewables is launching the construction of its first floating photovoltaic facility, which will be built on a reservoir in the Lazer municipality (Hautes-Alpes department). The project will contr...
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February 18, 2021
Saipem secures construction job for 450 MW Courseulles-sur-Mer offshore wind project
Eoliennes Offshore du Calvados SAS (EODC), a joint-venture established by EDF Renewables, Canada’s Enbridge Inc., and Germany’s wpd AG, has awarded Saipem SpA an EUR460 million (US$55...
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February 10, 2021
Mirova to launch Mirova Energy Transition 5 Fund1 (MET5)
Mirova has begun the fundraising of its 5th fund dedicated to financing energy transition infrastructure. The fund, which is still in its project phase, will be named Mirova Energy Transition 5 Fund (...
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February 02, 2021
Palfinger to deliver cranes for Fecamp offshore wind project development
The Austria-based construction specialist and deck equipment manufacturer Palfinger Marine has been selected to provide cranes that will be used for the development of the 500 MW Fecamp offshore wind...
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