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?

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