Solar energy developer Dhamma Energy, fully owned by Eni, has been awarded two solar pv plants in the latest energy tender in France, the CRE 4.10 auction.
One of the projects is a 1.5 MWp rooftop installation in a parking and the other one is a 5 MWp grounded-mounted solar plant. Both projects are located in the region of Nouvelle Aquitaine, in Southwestern France.
Construction of the projects is scheduled in 2022.
“Dhamma Energy has been awarded both the two projects that it had submitted to this latest solar tender auction in France. These are excellent news for the team. Dhamma Energy keeps growing in the booming French solar market, with grounded-mounted solar parks and also with rooftop installations,” said Dhamma Energy’s COO France, Sémir Chahed.
Dhamma Energy currently holds 120 MWp of solar plants in operation in France and a solar pipeline under development of almost 3 GWp in France and Spain.
Dhamma Energy was acquired in October 2021 by Eni gas e luce, a fully owned subsidiary of Eni, and is headquartered in Madrid. Eni gas e luce has been active in the retail electricity market since 2012 through Eni Gas & Power France, with 1.3 million customers.
San Donato Milanese (Milan), 19 October 2021 – Today solar energy developer Dhamma Energy, fully owned by Eni, inaugurated the 87.5 MWp Athies-Samoussy solar farm with a ceremony that was attended by representatives of regional, provincial and local institutions.
The five plants composing the Athies-Samoussy complex are now fully operational: this is the largest solar farm in the Hauts-de-France region and one of the ten largest in France. The solar plant will produce 93 GWh per year, which is equivalent to the domestic consumption of 40,000 households. This power plant will help to boost the renewable power generation capacity of Eni in accordance with its growth strategy in the renewables sector and contribute towards its total decarbonisation target of products and processes by 2050.
The solar park covers 100 hectares of the former Laon-Athies NATO Air Base, which abandoned and has now been converted into a sustainability-focused site.
The project has also promoted direct and indirect job creation locally, with a peak of 250 people working on the construction site this year. This project has a strong focus on local development and participation as Dhamma Energy collaborated closely with several local and regional organizations, including farmers’ organizations, for the project. Moreover, in 2020 the project obtained € 2.6 million through local crowdfunding and public investment.
Dhamma Energy was acquired in October 2021 by Eni gas e luce, a fully owned subsidiary of Eni, and is headquartered in Madrid. Dhamma Energy currently holds 120 MWp of solar plants in operation in France and a solar pipeline under development of almost 3 GWp in France and Spain. Eni gas e luce has been active in the retail electricity market since 2012 through Eni Gas & Power France, with 1.3 million customers.
Madrid, 7 of October, 2021.- Dhamma Energy’s founders, Mr. Olivier Crambade and Mr. Philippe Esposito, have successfully concluded the transfer of the Spanish and French solar business to Eni gas e luce, a wholly owned company of Eni SpA.
After receiving all required approvals, on Monday October 4th the full acquisition of Dhamma Energy’s Spanish and French activities by Eni company was completed.
The transaction involves the transfer of a platform with 120 MW of operating solar plants and a solar pipeline of almost 3 GW under development in Spain and France, of which 400 MW are in an advanced stage of development. Dhamma Energy’s Madrid and France-based teams have also joined Eni company.
The photovoltaic developer and independent power producer Dhamma Energy was founded in 2008 by Olivier Crambade and Philippe Esposito and has completed to date the development of 650 MW in solar plants in international markets.
“We are very proud to have successfully concluded the transfer of Dhamma’s activities in Spain and France to Eni. Through this transaction, we transfer a robust portfolio of solar assets that we have generated over the last decade in two promising markets for the energy transition. We would like to thank Dhamma’s team for their excellent work. It has been a great experience to lead Dhamma all these years and we are convinced of having positively contributed to the development of the solar energy sector in both markets”, said Olivier Crambade and Philippe Esposito, who will now pursue their activities in other solar utility-scale markets, such as Mexico, and with their green hydrogen business, that they started in the last years, through the company DH2 energy.
Credit of the picture: Samuel Duplaix
Madrid, July 20, 2021.- International solar developer Dhamma Energy and Banque Palatine executed the financing agreements for the solar rooftops La Coucourde (3.05 MWp) and Valreas (1.3 MWp) in Southern France.
“We are very pleased with this new collaboration with Banque Palatine in the financing of solar rooftops in France. The development of solar energy remains essential to reach France’s decarbonization targets of tomorrow and solar rooftops also help to popularize renewable energy,” said Dhamma Energy’s Deputy CEO Nicolas Fasquelle.
“We are very happy to continue our partnership with the Dhamma group, a developer of international stature which specializes in solar energy projects. Banque Palatine keeps putting its expertise at the service of the funding of renewable energy projects,” said Didier Parpère, director of the Differentiating offer Department at Banque Palatine, and Florian Sardella, director of Banque Palatine´s branch in Montpellier.
Construction of the solar rooftops will start in July and completion is scheduled for the beginning of 2022. Dhamma Energy will operate the solar rooftops over the long term.
The solar parks will produce annually around 5.7 gigawatt hours (GWh), which is the equivalent to the domestic consumption of 1,200 homes. The solar rooftops obtained tariffs through call for tenders organized by the French Energy Regulatory Commission.
The solar rooftops La Coucourde and Valreas also engage local citizens in sustainable development through crowdfunding. Altogether, 490,000 euros were collected through local crowdfunding for these projects.
The sustainability of the projects is also strengthened by the fact that these solar rooftops are located within car recycling facilities, and that they include the construction of warehouses that are adapted to the needs of the recycling companies.
“We are very committed to the French market where we hold a portfolio of ground-mounted and rooftop solar plants of 120 MWp in construction and operation, and 1.5 GWp under development,” said Dhamma Energy’s COO France, Sémir Chahed.
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, mostly located in Mexico and France. Dhamma Energy currently holds a pipeline of 5 GWp under development in France, Spain and Mexico.
For more informationwww.dhammaenergy.com
About Banque Palatine
Banque Palatine, the bank of the intermediate-sized enterprises, of its leaders and private banking (Groupe BPCE), supports entrepreneurs, on both the professional and individual levels, since 240 years. It deploys its expertise with medium and intermediate-sized enterprises. Its network of 45 agencies in France in synergy with the areas of expertise (asset engineering, legal and fiscal, investment consulting, general approach to the leader’s assets, corporate finance, real state, international…) accompanies today 14,000 companies and 60,000 private clients.
https://www.palatine.fr & @BanquePalatine
Dhamma Energy and Banque Palatine signed the financing for the 3.3 MWp solar rooftop Pollestres in Southern France.
Construction of this large rooftop started in April and grid connection is scheduled for the last quarter of 2021. Once in operation, the solar plant will produce 4.5 gigawatt hours per year of clean energy, which is the equivalent of the domestic consumption of around 1,900 homes.
This project will strengthen the pipeline of solar plants in construction and operation that Dhamma Energy holds France, that mainly comprises medium and large solar parks and also rooftops.