Energizing the Future: Q Energy’s 73MW French Renewable Portfolio Now in ERG’s Hands
Big news in the renewable energy sector! Q Energy has successfully completed the sale of a remarkable 73MW portfolio of renewable energy projects in France. The lucky buyer? None other than ERG, the Italian independent renewable energy powerhouse. Let’s dive into what this means. The portfolio now under ERG’s wing includes two fully operational solar farms – one in the scenic Gironde area and the other in the sun-drenched Pyrenees Orientales. Together, they boast an impressive 20.4MW of installed capacity. But that’s not all! There’s also a 28.8MW solar project in Pays de la Loire that’s nearing completion and a 24MW wind farm in Aude, which is in the final stages of commissioning after an extensive repowering.
These projects aren’t just about producing clean energy; they’re a testament to sustainable progress. The two solar plants and the wind farm are supported by a 20-year Contract for Difference (CfD) tariff regime. And the cherry on top? The Pays de la Loire solar project is all set to operate under a 15-year Power Purchase Agreement (PPA) with a leading French retail company from the second quarter of 2024. Joshua Lim, the Deputy Managing Director of Q ENERGY France, couldn’t hide his excitement: “We are thrilled to announce the sale of our 73.2 MW portfolio of renewable energy projects to ERG,” he said. “This collaboration underscores our shared dedication to driving impactful change in the renewable energy landscape.” What does this mean for us? It’s a massive step towards a more sustainable and environmentally conscious future. Both Q Energy and ERG are playing pivotal roles in accelerating our transition to a greener world. So, let’s give a round of applause for this monumental move in the renewable energy scene! 🌍☀️💨 #RenewableEnergy #SustainableFuture #GreenPower #SolarFarms #WindEnergy #EcoFriendly #CleanEnergyRevolution #ERG #QEnergy
Credit: [Image: Unsplash/Gabriel]