Madrid, March 25, 2021.- International solar developer Dhamma Energy announces the acquisition of the remaining 50% stake in the 12 MWp Lanas solar park in France from its co-shareholder, the operator Urbasolar.

Through this operation, Dhamma Energy owns now 100% of the solar park, which Dhamma Energy co-developed and operated with this operator.

 “This acquisition is part of our expansion strategy in France, where we have been active for over a decade and where we hold a large portfolio of solar parks in operation and under development. Currently, Dhamma Energy owns a pipeline of 1.2 GWp of solar parks at different stages of development in France”, said Olivier Crambade, Dhamma Energy’s Co-founder and CEO.

The Lanas solar park, which came online in April 2018, is one of the largest solar parks built on an operating aerodrome in France.

This is also a project of common interest that contributes to the sustainability of the aerodrome of Ardeche Meridionale which fulfills a public purpose by providing rescue services and civil protection to the region.

The Lanas solar park is a project that benefits the region and its citizens. It provides a complementary use of clean energy generation to a public land harbouring an aerodrome in activity. Local citizens are also directly involved in the project through crowdfunding”, said Dhamma Energy’s Deputy CEO, Nicolas Fasquelle.

Dhamma Energy won in 2009 a call for tenders launched by the operator of the Aubenas Aerodrome for the development of the solar park. A feed-in-tariff for the project was also secured in a national solar tender organized by the National Energy Commission.

The Lanas solar park uses monoaxial solar trackers. It produces around 18,500 MWh per year, saving 1,600 tonnes of CO2 yearly.

About Dhamma Energy

Dhamma Energy, headquartered in Madrid (Spain), develops, finances, builds and operates solar power plants. To date, Dhamma Energy has fully developed 650 MWp of solar projects, most of them located in Mexico and France. Dhamma Energy has currently a pipeline of 4.7 GWp under development in France, Spain and Mexico. In France, Dhamma Energy currently has 120 MWp of solar PV plants under construction and operation and holds a portfolio of 1.2 GWp under development.

Credit of the picture: Samuel Duplaix

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