Voltalia buys 379MW Maia Eolis wind assets

FRANCE: French renewable energy firm Voltalia has acquired a 379MW development portfolio in its home country from consortium Maia Eolis.

Voltalia's operating portfolio includes the 12MW La Faye project in western France
Voltalia's operating portfolio includes the 12MW La Faye project in western France

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Voltalia said the projects range from early-study-phase sites to advanced-stage developments. The first project could begin construction within two years, the firm said.

Maia Eolis is a consortium made up of energy project developer Groupe Maia and French utility Engie (formally GDF Suez).

Voltalia said it now has a project pipeline of 1.43GW, 22% of which is located in France. This is in addition to 271MW of installed renewable energy capacity worldwide. 

Company CEO Sebastien Clerc said: "With the COP21 {UN climate] conference in Paris in a few months, we anticipate enhanced ambitions for the accelerated development of renewable energy in France by 2030, while the country currently lags behind its existing 2020 targets. Renewable energies will therefore keep growing in France."

In the first six months of the year, France added 523.7MW of new wind capacity, bringing total installed capacity to 9713MW, according to figures recently released by French wind energy association FEE.

The country is on track to install 1.2GMW this year, continuing the increase in activity seen in 2014.

However, this is still not enough to achieve France's targets. The draft law on energy transition currently going through parliament foresees renewables supplying 40% of electricity in 2030. This will mean adding around 2GW a year, FEE estimates.

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