France–based Q ENERGY has closed a €50.4 million debt financing deal to fund its Les Ilots Blandin floating solar project. Arranged by Crédit Agricole Transitions & Energies and Bpifrance, the financing will support the construction of this 74.3 MW solar power plant in Haute-Marne, France. The plant will cover 127 hectares of former gravel pits and use 134,649 solar panels mounted on floats and is touted to become the largest of its kind in Europe. Once operational, it will supply green electricity to 37,000 residents and reduce annual CO2 emissions by 18,000 tons. The plant’s pre-commissioning is set for early 2025.
Q ENERGY secures €50.4 M for floating solar project
The 74.3 MW floating solar plant will generate clean electricity for 37,000 residents annually. (Photo Credit : Q Energy)
The solar project is projected to generate 295 GWh annually, contributing to the Philippines’ target of 35% renewable energy by 2030. (Image Credit/Source: Succo/Pixabay)
The Caucasus region will benefit from Astronergy’s cutting-edge photovoltaic technologies via Photomate. (Image Credit/Source: Linkedin/Photomate Eurasia)
The solar project supports Synopsys’ science-based targets of reducing scope 1 and 2 GHG emissions by 55% by 2032. (Image Credit/Source: MRganso/Pixabay)
BayWa r.e.’s solar portfolio supports tax revenue and renewable energy growth in key US markets. (Image Source: Bawya-re)