ENERGY

A 200MWp PV portfolio will be developed by a French JV

Photosol and Aedes Energies are planning projects in the areas of Nouvelle Aquitaine and Occitanie.

Photosol, a French photovoltaic energy provider, is developing a joint platform with developer Aedes Energies to co-develop a solar project portfolio in the Nouvelle Aquitaine and Occitanie areas with a capacity of more than 200MWp.

The Aedes-Photosol Développement JV enables both firms to share their experience in order to grow the portfolio, with the first projects set to begin in 2024.

Aedes Energies will be in charge of the project’s development, including acquiring the administrative approvals required for the power plants’ construction and operation, while Photosol will be in charge of the project’s technical and financial optimization and connectivity.

Photosol, which was founded in 2008, specializes in big photovoltaic systems, either on the ground or in shade shelters with a total area of more than 3 hectares.

They are a significant operator in the French renewables sector, with over 100 employees and one of the country’s largest portfolios in operation and under development, totaling over 400MWp.

Their development portfolios in France amount 3GWp and exceed 8GWp in the United States.

Aedes Energies, based in France and with a diverse workforce split over three locations, is working on a portfolio of ground power plant projects with a capacity of 800 MWp.

Photosol was advised by a Watson Farley & Williams Paris team lead by corporate partner Pascal Roux.

Partner Florence Trognon-Dumain of French legal firm Lefèvre Pelletier & associés advised Aedes Energies.

[Image: Chelsea/Unsplash ]

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