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).
AfDB funded two 15 MW solar plants in Chad to generate 61 GWh annually and cut emissions by 49,000 tons per year. (Image Credit/Source: LCEC/Pixabay)
Algeria and GE Vernova discussed 15 GW renewable energy projects, including solar, as Sonelgaz led talks in Atlanta. (Image Source:Zawya)
LRE powered up Morrow Lake Solar, supplying 200 MW to Microsoft with innovative solar tech and eco-friendly land use. (Image Credit/Source: StockSnap/Pixabay)
re:cap green energy acquired 51.7 MW solar projects from Milvio Energy, with completion expected between Q1 and Q4 of 2025. (Image Credit/Source: TheOtherKev/Pexels)