French IPP Technique Solaire raises €302 million to build 240MW European PV portfolio

April 25, 2025
Facebook
Twitter
LinkedIn
Reddit
Email
15.2MWp solar farm in the Netherlands from French IPP Technique Solaire
The financing will allow the construction of 240MW of solar PV across France, Spain and the Netherlands. Image: Technique Solaire via LinkedIn.

French independent power producer (IPP) Technique Solaire has raised €302 million (US$343 million) in senior debt financing to build its European PV portfolio.

For the first time, the financing secured by the French IPP will cover several European countries. The solar portfolio will consist of 341 projects across France, Spain and the Netherlands with a combined capacity of 240MW. France will see the bulk of this capacity with 185MW, followed by Spain with 32MW and the Netherlands the remaining 23MW.

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

It is also the company’s largest financing round so far, both in terms of funds raised and the size of the portfolio of which it will support the construction.

Most of the projects will begin construction this year, with the remainder of the projects beginning construction in 2026 and 2027. The company aims to build a diverse range of projects including rooftop solar, agrivoltaics, ground-mounted solar and floating solar.

French banking firms Bpifrance, Crédit Agricole Transitions & Energies – along with other subsidiaries of the Crédit Agricole group – and Société Générale have provided the funds for this pan-European solar portfolio.

This latest debt financing will support the company’s growth and is within its strategy to raise €4 billion (US$4.5 billion) by 2030 to reach 4GW of operational solar PV. Its portfolio consists of 1GW of operational or under construction across France, India, Spain and the Netherlands.

With this latest financing, the French IPP has raised over €800 million in senior debt since 2020 to finance the construction of more than 600MW of solar PV.

2 December 2025
Málaga, Spain
Understanding PV module supply to the European market in 2026. PV ModuleTech Europe 2025 is a two-day conference that tackles these challenges directly, with an agenda that addresses all aspects of module supplier selection; product availability, technology offerings, traceability of supply-chain, factory auditing, module testing and reliability, and company bankability.

Read Next

October 28, 2025
Navigating module procurement in this financial environment will be a key topic of conversation at the PV ModuleTech Europe 2025 event.
October 27, 2025
Global corporate financing in the solar industry reached US$6.5 billion in the third quarter of 2025, a 14% increase from the same period a year ago.
October 20, 2025
Independent power producer (IPP) Atlas Renewable Energy has secured up to US$475 million in financing for a 357MW solar-plus-storage project in Chile.
October 20, 2025
Spain has amended its national common agricultural policy (PAC) framework to include agrivoltaic (agriPV) systems to be eligible for subsidies.
October 14, 2025
German IPP wpd has started construction at its 140.6MW Marcy solar park in the Nièvre department of central France.
October 6, 2025
An expert panel has identified a series of grid failures that led to April's unprecedented power outage in Spain and Portugal, ruling out renewables as the leading cause.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
November 12, 2025
10am PST / 1pm EST
Solar Media Events
November 25, 2025
Warsaw, Poland
Solar Media Events
December 2, 2025
Málaga, Spain
Solar Media Events
February 3, 2026
London, UK
Solar Media Events
March 10, 2026
Frankfurt, Germany