Technique Solaire has secured €224M in senior debt from Bpifrance and Caisse d’Epargne CEPAC to boost its solar portfolio. The financing will back the construction of 300 greenfield projects with 162.6 MW capacity, marking the largest debtraising in the company’s history. Projects span various installations including agricultural sheds, greenhouses, and parking canopies across metropolitan regions, set for completion by 2026. The move aligns with Technique Solaire’s aim to mobilize €4 billion by 2030 for a 4 GW of PV energy production capacity. The group has donated €75,000 to Synergie Renouvelable, facilitating NGO projects promoting energy access globally. In 2023, Technique Solaire raised €200M equity capital, enabling its installations to offset 229,395 tonnes of CO2 emissions, equivalent to powering over 1.7 million local inhabitants’ consumption.
Technique Solaire secures debt financing for 300 PV projects
Technique Solaire has secured a €224M senior debt facility for solar expansion, planning to build 300 projects totaling 162.6 MW capacity. (Image Credit: Technique Solaire)
Actualize Solar has signed five long-term PPAs in 2024, advancing its 1.5 GW solar project portfolio across six US states. (Image Source: Businesswire)
Located in Enna and Catani a, the 242.78 MW solar plant was designed to produce 400 GWh annually, meeting the needs of 154,000 households. (Inage Source: Iberdola)
Scatec has secured EUR 25 million from IFU, alongside equity and non-recourse debt, for its USD 85 million project financing. (Image Source: Scatec ASA)
EliTe Solar launched its 5 GW PV project in Egypt’s TEDA Suez Zone, set to begin production by September 2025. (Image Source: PRNewswire)