Dhamma Energy acquires stake in French solar farm
Published by Sarah Smith,
Assistant Editor
Energy Global,
International solar developer Dhamma Energy announces the acquisition of the remaining 50% stake in the 12 MWp Lanas solar park in France from its co-shareholder, the operator Urbasolar.
Through this operation, Dhamma Energy now owns 100% of the solar park, which Dhamma Energy co-developed and operated with this operator.
“This acquisition is part of our expansion strategy in France, where we have been active for over a decade and where we hold a large portfolio of solar parks in operation and under development. Currently, Dhamma Energy owns a pipeline of 1.2 GWp of solar parks at different stages of development in France”, said Olivier Crambade, Dhamma Energy’s Co-founder and CEO.
The Lanas solar park, which came online in April 2018, is one of the largest solar parks built on an operating aerodrome in France.
This is also a project of common interest that contributes to the sustainability of the aerodrome of Ardeche Meridionale which fulfils a public purpose by providing rescue services and civil protection to the region.
“The Lanas solar park is a project that benefits the region and its citizens. It provides a complementary use of clean energy generation to a public land harbouring an aerodrome in activity. Local citizens are also directly involved in the project through crowdfunding”, said Dhamma Energy’s Deputy CEO, Nicolas Fasquelle.
In 2009, Dhamma Energy won a call for tenders launched by the operator of the Aubenas Aerodrome for the development of the solar park. A feed-in-tariff for the project was also secured in a national solar tender organised by the National Energy Commission.
The Lanas solar park uses monoaxial solar trackers. It produces around 18 500 MWh/yr, saving 1600 tpy of CO2.
For more news and technical articles from the global renewable industry, read the latest issue of Energy Global magazine.
Energy Global's Spring 2021 issue
The Spring issue of Energy Global features a varied spectrum of in-depth technical articles detailing recent projects, future projections, and technological advancements in the renewables sector, from companies including GlobalData, Atlas Copco, Watlow, QED Naval, TRACTO, AB Energy, and more.
Don’t forget to sign up to receive future digital issues of Energy Global for free here.
Read the article online at: https://www.energyglobal.com/solar/05042021/dhamma-energy-acquires-stake-in-french-solar-farm/
You might also like
SBM Offshore and Technip Energies sign partnership agreement to form EkWiL
SBM Offshore and Technip Energies have signed a memorandum of understanding for the creation of a floating offshore wind joint venture entity, EkWiL.