EDF, Cero Generation acquire French agroPV developer with 2.4GW solar portfolio

Facebook
Twitter
LinkedIn
Reddit
Email
An agrophotovoltaic project from solar developer European Energy in Denmark. Image: European Energy.

EDF Renewables has partnered with a new portfolio company of Macquarie’s Green Investment Group to acquire a French agrophotovoltaic developer with a 2.4GW solar portfolio.

The deal will see EDF Renewables and Cero Generation each buy a 45% equity stake in Green Lighthouse Development (GLHD), with the remaining 10% owned by the company’s founders.

This article requires Premium SubscriptionBasic (FREE) Subscription

Try Premium for just $1

  • Full premium access for the first month at only $1
  • Converts to an annual rate after 30 days unless cancelled
  • Cancel anytime during the trial period

Premium Benefits

  • Expert industry analysis and interviews
  • Digital access to PV Tech Power journal
  • Exclusive event discounts

Or get the full Premium subscription right away

Or continue reading this article for free

GLHD’s agroPV projects colocate agricultural activity with solar energy production, a solution that the company expects to be increasingly important in France, as the country aims to reach up to 44GW of installed PV by 2028.

“France has hugely ambitious plans for solar energy. Agrivoltaic projects provide an opportunity to deliver that ambition, while supporting crop production and providing farming communities with additional revenue streams,” said Nikolaj Harbo, CEO of Cero Generation.

Launched earlier this year, Cero Generation is a company of Macquarie’s Green Investment Group that has an 8GW solar development portfolio, spanning European markets such France, the UK, Italy, Spain, Poland and the Netherlands.

For EDF Renewables, the acquisition complements the EDF Group’s Solar Power Plan, which aims to grow the company’s PV capacity in France to 30GW by 2035, and follows news in February that the business has started construction work on its first floating solar project in its home market.

“EDF Renewables is thrilled by the opportunity to invest in Green Lighthouse Development, who are ideally positioned to leverage the emerging agrivoltaic market,” said Nicolas Couderc, EDF Renewables’ executive vice-president, France.

With land access a major hurdle for future solar development in France, clean energy trade body Syndicat des Énergies Renouvelables has collaborated with the country’s farming industry to explore dual land use with PV projects. The association’s chief executive told PV Tech that solar can be a “very interesting compliment” for France’s agriculture sector.

Other recent developments in Europe’s agroPV segment have seen BayWa r.e. expand a PV plant in the Netherlands to help protect fruit from extreme weather, while Enel Green Power is partnering with universities and research institutions to explore how to integrate farming activities alongside large-scale PV projects in southern Europe.

In Spain, meanwhile, two community agroPV projects that are being built to understand the impact solar shading has on the cultivation of tropical fruit are set to be connected to the grid later this year.

Read Next

October 3, 2025
EDF Renewables and Enlight Renewable Energy have advanced solar-plus-storage projects in New Mexico and Arizona.
September 17, 2025
Nexamp has secured US$350 million through a long-term financing facility to expand its 6GW utility-scale solar and battery storage pipeline in the US. 
September 9, 2025
US solar tracker manufacturer Nextracker has acquired Origami Solar, a steel frame technology-focused company, for approximately US$53 million. 
September 8, 2025
France has awarded 971MW of ground-mount solar capacity, to 165 projects, in the eighth round of the PPE2 PV tender.
September 4, 2025
Indian solar manufacturer Waaree Energies has acquired a 64% equity stake in power transformer manufacturing company Kotsons.
September 3, 2025
Chinese solar manufacturer Trinasolar has signed a patent licence agreement with French module manufacturing startup Holosolis to use its TOPCon solar cell technology.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2025
Manila, Philippines
Solar Media Events
October 7, 2025
San Francisco Bay Area, USA
Solar Media Events
October 21, 2025
New York, USA
Solar Media Events
November 25, 2025
Warsaw, Poland