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Three Boralex tasks chosen in France’s first technology-neutral tender

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Three Boralex tasks chosen in France’s first technology-neutral tender

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Energy Global,






Boralex Inc. (Boralex or the Company) has introduced that three of its tasks, totalling 42 MW, have been chosen within the first technology-neutral tender, masking wind, photo voltaic, and hydropower, carried out by the Ministry of Ecological and Solidarity Transition (now the Ministry of Ecological Transition and Territorial Cohesion) of France.

“Mature, competitive renewable energies are key to achieving France’s energy transition and essential when it comes to strengthening the country’s energy sovereignty. Despite the French government’s recent decision to retroactively modify our contracts and conditions of sale on the electricity markets, we remain committed to contributing to the development of renewable energies, as we have been doing for over 20 years in Europe. However, we call on the government and decision-makers to be vigilant and avoid any new retroactive measure as well as any intervention that affects the integrity of electricity markets. Any change in regulation is detrimental to attracting private investment in France and, consequently, to achieving the national decarbonisation objectives set by the State,” mentioned Patrick Decostre, President and Chief Executive Officer of Boralex.

These tasks have acquired the required administrative authorisations and can permit Boralex to learn from a feed-in premium contract for 20 years as of the graduation of business operation.

Boralex has a portfolio of over 1.5 GW of wind and photo voltaic tasks in France at numerous levels of growth. It at present has over 1.1 GW of wind and photo voltaic amenities in operation in France and roughly 2.5 GW worldwide.

 

 

For extra information and technical articles from the worldwide renewable trade, learn the newest difficulty of Energy Global journal.

Energy Global’s Winter 2022 issue

The Winter 2022 difficulty of Energy Global hosts an array of technical articles specializing in wind, photo voltaic, vitality storage, geothermal, and extra. This difficulty additionally includes a regional report on the Australian renewables sector.

Read the article on-line at: https://www.energyglobal.com/other-renewables/22122022/three-boralex-projects-selected-in-frances-first-technology-neutral-tender/


 







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