In France, Energiequelle and Aedes Energies have created a joint venture to develop a solar portfolio of more than 100MW.
Aedes-Energiequelle, a holding company, will manage numerous PV project firms with an objective of developing more than 100MW of capacity in the country.
According to Energiequelle, the first portfolio comprises of several greenfield sites in the départements of Dordogne, Lot-et-Garonne, Nièvre, Gers, and Haute-Marne, and will be gradually completed with further projects.
The electricity generated will be sold via feed-in tariff or direct power purchase agreements, depending on the suitability of individual sites, with first commissioning dates set for 2025, according to the business.
Aedes Energies is in charge of project development until official permits are issued as part of this collaboration.
Meanwhile, technical development, building, and subsequent plant management are handled by P&T Technologie, Energiequelle’s French affiliate.
Once the projects are completed, Energiequelle will manage the financing and selling of the projects from its base in Germany.
Thomas Guirous, president and chief executive officer of Aedes Energies, said: “This additional partnership fully contributes to our strategy of growth and territorial expansion in France.
“The ability of our teams to generate and develop new RE projects is recognized by all our partners.”
Energiequelle Wind project acquisitions and partnerships in France Kristina Greene commented: “With Aedes, we are strengthening our market position in France and expanding our PV portfolio.
“This is important because photovoltaics are becoming a pillar of our business activities in France alongside the wind business.”
Sébastien Boursier, director of business development at P&T Technologie, said: “Discussions with the Aedes team are always based on a high degree of trust.
“We look forward to our cooperation and working on joint projects.”
Energiequelle said that it has been operating on the French market since 2010 via its subsidiary P&T Technologie, connecting over 240MW of wind and PV capacity to the grid.