Voltalia exceeds 1 gigawatt of Installed Capacity

The year 2020 was not a disaster for everyone. Voltalia, a French company, has just exceeded the 1 gigawatt ambition it set for itself in 2016.

Voltalia achieves major milestones in 2020

The first is the installation of 1,000 megawatts of power worldwide by the end of December. The second is 1,000 megawatts of long-term power sales contracts won. Finally, we have over 1,000 employees on three continents. In total, it now has an installed capacity of 1,015 megawatts thanks to significant capacity additions. The company has grown its portfolio of installed plants by 18% compared to September 2020.

A global presence

Its power has more than doubled and it has diversified significantly. Recognized for having successfully developed numerous wind power projects in Brazil, Voltalia is now a major player in solar energy. It has also conquered Europe and Africa, where many projects are underway. It is the significant reduction in the costs of construction and maintenance of solar and wind power plants that has enabled this international presence.

Brazil especially

Growth in solar energy has enabled the company to accelerate its geographic diversification. In 2016, the company set its ambition of 1 gigawatt of installed capacity, with Brazil accounting for 84% of its footprint at the time. Today, Brazil constitutes 67% of the installed base. Eventually the country should represent 50% of installed power in 2023.

Europe and Africa now

While activity in Brazil continued to grow, growth in other geographies was even stronger. In 2016, Europe, mainly France, accounted for 16% of Voltalia’s business. Today, it is 24%. Voltalia is also counting on the development of Africa. It has developed its Egyptian hub which represents 9% of the group’s installed capacity. Thus, Europe and Africa will continue to benefit from the group’s highest growth rates.

Sébastien Clerc, CEO of Voltalia, looks to the future with confidence:

“Despite countless challenges and some delays caused by the health crisis, Voltalia has reached its goal of 1,000 megawatts of installed capacity. This growth is a source of pride for Voltalia’s more than 1,000 employees.”

Voltalia’s “jack of all trades” strategy

Voltalia invests in all types of renewable energy: solar, wind, biomass, etc. Voltalia’s solar assets have increased 14-fold and now represent 23% of its installed capacity. Other technologies have also been strengthened. Between 2016 and 2020, Voltalia developed hydroelectricity with the construction of a new power plant in France. It has taken the gamble on biomass in French Guiana, where wood resources make it a sustainable resource. Finally, Voltalia has also successfully established an electricity storage business with Toco, the largest battery electricity storage complex in operation in France, with 13.1 megawatts in operation.

Voltalia has made a positive assessment of the year 2020 with ambitious objectives for the future. One question remains: who will be able to stop the French company from expanding?

Articles qui pourraient vous intéresser

Lithium

Europe considers classifying Lithium as toxic

In 2021, the French government put forward proposals to classify lithium carbonate, lithium hydroxide and lithium chloride as Category 1A reproductive toxicants. Lithium as a toxic substance, a counterproductive measure? Lithium is used in particular for the manufacture of batteries. At the end of 2021, the European Agency's risk assessment committee accepted the French proposals. The first bill reclassifying lithium compounds is expected to be released between October and December. A category 1A classification makes a substance eligible as a substance of very high concern. This leads to a restriction of its use by the EU Chemical Strategy for Sustainable Development. Several industry players opposed the bill. Roland Chavasse, Secretary General of the International Lithium Association explains: "The risk is that if lithium components are wrongly reclassified in this category, it would introduce uncertainty in planning the long-term commercial viability of the investments around it." The EU aims to become self-sufficient in the production of lithium-ion batteries for electric vehicles by 2025. It is also targeting a domestic lithium production of 80% in the next five years. It also seeks to achieve 35% lithium recycling by 2029. Thus, industry believes that such a proposal would be counterproductive, and would hamper...

éoliennes dans l'alberta

BluEarth builds a wind farm in Alberta

BluEarth Renewable Inc. has launched the construction of its 145 MW Hand Hills wind project in Canada. The project aims to supply the region with energy as well as capital. BluEarth builds its first Canadian project BluEarth Renewable Inc is a Canadian company specialized in renewable energy. On June 27, the company launched the construction of the 145 MW Hand Hills wind farm. The project, located northeast of Drumheller, Alberta, will produce enough clean, renewable energy to power approximately 68,000 homes per year. BluEarth estimates that it should go into commercial service in early 2023. Shell Energy North America will purchase electricity and associated emissions offsets from 100 MW of project capacity. The company's goal is to become a net zero emissions energy company by 2050. BluEarth has developed the project since its acquisition in 2012 and will be the long-term operator of the facility. An important project for the region The Hand Hills wind project will also provide indirect revenues to the local municipality in the form of local services and supplies. It will also contribute to significant and stable property tax revenues over the long term. The project will inject more than $250 million in capital investment into...

D'ici huit ans, Axpo vise une capacité de 10 GW dans les parcs solaires et 3 GW pour les sites d'énergie éolienne (archives).

Axpo develops two wind farms in Romania

Today, Axpo is the largest producer of renewable energy in Switzerland and one of the leading companies in Europe. The company announces the expansion of its wind power business, which currently has 3.5 GW of installed capacity worldwide. Also, it plans to develop two wind farms with a combined total of 38 wind turbines in Romania. Axpo develops two new wind farms Axpo has just announced the development of two new wind farms in Romania. While the project is currently in the planning phase, construction is expected to begin in late 2023. The two parks will be located approximately 100 km northeast and 200 km east of Bucharest respectively. Axpo estimates the annual production of the plants at 750 GWh of electricity. This represents the electricity consumption of about 375,000 Romanian households. Axpo will work closely with local partner Aquarius Energy Developments to complete the project. Moreover, the development of wind energy in Romania will create many jobs. The entire project development sector will benefit, from land acquisition to operations management. A desire to develop new markets Axpo is pursuing a niche strategy in new markets. In other words, this represents markets that are not the focus of large wind...

Union Européenne

New European Laws for Renewable Energy

The European ministers are in the middle of a discussion on a set of laws. These concern climate ambitions and the energy question. Numerous laws forcing member countries to reduce their greenhouse gas emissions have already been approved. However, there are several proposals that continue to be debated. Russian dependence, a new issue to be taken into account Among the measures taken, the European Union wants to reduce its demand for gas. This would allow member countries to reduce their dependence on Russian gas. This independence from Russia is a priority. The European Commission will soon present a new plan to lower imports from Russia in a coordinated manner. But Energy Commissioner Kadri Simson insists that consumer protection remains the priority. This will require effective means to reduce demand. Ministers are still seeking agreement on emission reduction legislation. These would force the Union to cut its carbon emissions to below 55% of 1990 levels. In the past, such laws were less debated. With the current supply shortage, such reforms are becoming more difficult. Indeed, several member states fear that environmental efforts will slow down due to the current state of the markets. Promoting renewable energy and reducing consumption, the objective...