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French energy giant completes acquisition of Luxe

  • Source:the Internet
  • Release on :2019-04-02

French energy giant EDF has completed the countrySolar operatorLuxe’s purchase, the amount of the sale and purchase is still unknown. After this sale, EDF's renewable energy part EDF Renewables increased its photovoltaic portfolio in France from the original 130 MW to 320 MW, and the number of projects under development increased to 900 MW.


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Headquartered in the Oxitani region of southern France, Luxel has six offices across the country. The company has created and operated more than 40 projects with installed capacity ranging from 500 kW to 17 MW, and in the past 10 years, managed 500 MW projects in France, French Overseas Territories and Morocco. Engineering and construction.

Bruno Bensasson, CEO of EDF Renewables, said the acquisition is in full compliance with the company's Cap 2030 strategy to double the company's global renewable energy installed capacity between 2015 and 2030.

In December 2017, the EDF announced plans to install 30 GW of solar energy between 2020 and 2035. In March 2018, the company showed that the program became the leader in European energy storage malls. The company's goal is to invest about 8 billion euros and deploy about 10 GW of energy storage capacity by 2035.

In the context of this new strategy, the company announced plans in January to expand its off-grid shopping in Africa. In addition, it also entered China's rooftop solar shopping malls, funded solar energy related blockchain projects and floating photovoltaic systems.


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