Albioma Wins Three Projects For Photovoltaic Plants With Integrated Storage (5.9 Mwp) In The French Overseas Departments

the French Minister of the Environment, Energy and the Sea selected Albioma as one of the winners of the call for tenders launched by the French Energy Regulatory Commission (Commission de Régulation de l’Énergie) on 18 May 2015 in areas that are not interconnected. The Group has been assigned three projects for photovoltaic plants with a total installed capacity of 5.9 MWp, i.e. 17% of the total power distributed among the winners in the overseas departments and regions. Added to the 75 MWp under operation, these will include two rooftop projects on Reunion Island (overall power generating capacity of 2.6 MWp) and a ground-based project for a non-hazardous waste storage facility in Guadeloupe (power generating capacity of 3.3 MWp). The development of the three projects represents an overall investment of some €13 million. Since 2014, the Group has been developing photovoltaic projects with integrated storage. This high added-value technology significantly increases the availability of the installation, smooths output during the day (to cope with cloudy spells or bad weather) and increases predictability. The first plant of this type, with a capacity of 1 MWp, installed on a shopping centre rooftop in Saint-Leu (Reunion Island) and equipped with lithium-ion batteries, was inaugurated in mid-2014. Frédéric Moyne, Chief Executive Officer, said, “Albioma’s commercial success here illustrates the technical expertise of our teams and demonstrates the competitiveness of our solutions. Solar power with integrated energy storage allows us to meet the constraints of the grid operator by providing guaranteed energy in non-interconnected areas. Albioma has thereby consolidated its position as a major player in renewable energy in the French overseas departments and regions, contributing to the energy transition in these territories.”

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