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Voltalia surpasses 1 gigawatt target of installed capacity

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Voltalia, an international player in renewable energies, has reached 1,015 of installed capacity at end 2020,overpassing its 1-gigawatt target set in 2016.

Voltalia has increased its portfolio of installed plants by 18 percent since September 30, 2020.

Added to the capacity already in operation these new installations bring the total installed capacity to 1,015 megawatts, topping the 1-gigawatt target set for December 2020. This target is achieved while diversifying Voltalia’s portfolio, the company said.

Voltalia was recognized as a successful developer of wind projects, with a particularly strong track record in Brazil where this technology offered unmatched competitiveness. Voltalia is now also highly recognized for its capacity to develop solar projects, notably in Europe and Africa.

This strategic addition was supported by the sharp drop in solar construction and maintenance costs, making it competitive in many countries. Voltalia-owned solar capacity has been multiplied by more than 14 to represent 23 percent of its installed based as of today.

Between 2016 and 2020, Voltalia has also grown in hydro, by building a new power plant in France, and deployed its biomass footprint in French Guiana, where plentiful wood resources makes biomass sustainable.

Finally, Voltalia has also established a successful storage activity, by building Toco, the biggest battery storage complex currently in operation in France (13,1 megawatts / 16,7 megawatthours in operation).

Today Brazil is 67 percent of the installed base, Europe 24 percent and Voltalia has also grown around its Egyptian hub, which represents 9 percent of the installed capacity. Voltalia is in the good track to rebalance its portfolio by 2023, when Brazil should represent 50 percent of its installed capacity.

“Despite uncountable challenges et occasional delays due the sanitary crisis, Voltalia has been able to meet its 1,000-megawatt installed-capacity target. This growth was made possible by over 1,000 Voltalia team members who, in parallel, secured 1,000-megawatt of new long-term power sales contracts2 which will fuel Voltalia’s growth in the coming years.”

Sébastien Clerc, CEO of Voltalia.
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