Voltalia reported a strong Q4, with a 20% growth in turnover and notable increases in energy sales (16%) and services (24%). Internal activity rose by 50%, driven by proprietary construction sites. The company exceeded 2023 capacity targets, commissioning 662 MW in H2 and reaching 2.37 GW operational capacity, surpassing the 2019 target. By year-end 2023, the total capacity hit 2.85 GW, contributing to the energy transition. Voltalia aims for 5 GW owned capacity by 2027, managing over 8 GW for third parties, targeting a €475 million normalized EBITDA, and avoiding 4 million tons of CO2 emissions.
Voltalia marks impressive growth in Q4 2023
Voltalia’s Q4 2023 witnesses impressive growth, marked by a +20% overall increase in turnover, driven by substantial boosts in energy sales, services, and internal activities. (Image Credit: Voltalia).
Allegations include bribing Indian officials to secure renewable energy projects worth $6 billion. (Image Credit/Source: Kelly/Pexels)
NTPC prioritizes solar over wind, limiting wind and battery projects to 10% of its renewable portfolio. (Image Credit/Source: Kelly/Pexels)
Scatec retains 13% and 12% stakes in Kalkbult, Linde, and Dreunberg solar plants after the sale to STANLIB. (Image Source: Scatec)
The financing partnership between RIC Energy and Rosemawr will fund interconnection deposits for up to 450 MW of renewable projects in NY. (Image Source: RIC Energy)