Plans for a 300MW PV park near Bordeaux, have been unveiled.
Developer Neoen has raised €360 million (US$449 million) for the project, which expects to connect to the grid in October 2015. The company claims it would be the largest in Europe.
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Xavier Barbaro, president of Neoen called the project “a new page in the history of renewable energy development in France”.
The solar park will be split between a number of individual projects.
In a statement released by the company Barbaro said: “These plants form the largest photovoltaic park in Europe, and will also be among the most competitive, demonstrating the capacity of solar PV to play a prominent role in the mix French and European energy. We are also particularly pleased that a French consortium ensures the construction of this park.”
Power from the development will be sold at €105/MWh (US$131/MWh) for 20 years.
Barbaro told Reuters that although it would be constructed by a consortium of French firms, including Schneider Electric, panels would be supplied by Canadian Solar, Yingli and Trina.