French renewables firm CNR launches new unit to develop 1GWp of solar by 2030

Facebook
Twitter
LinkedIn
Reddit
Email
A floating solar project from BayWa r.e. in the Netherlands. Image: BayWa r.e.

French renewable energy company Compagnie Nationale du Rhône (CNR) has set up a new subsidiary that will focus on the development of solar installations in the Rhône valley area of France.

Dubbed Solarhona, the unit will aim to deploy 1GWp of solar by 2030, prioritising ground-mount and floating PV projects with capacities up to 4MWp, as well as commercial and industrial rooftop systems.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

CNR said the subsidiary’s business model will allow its partners – local authorities, companies and farmers – to be involved in the governance of solar projects.

With more than 80 plants already underway, Solarhona has 20 employees and plans to double its workforce in the next year.

According to CNR’s website, the company has 4GW of installed renewables capacity, including 45 hydropower plants, 46 wind farms and 22 solar projects.

Chair of CNR’s board, Laurence Borie-Bancel, said the company has reconsidered its business model to accelerate the development of renewables.

CNR’s expansion in the floating solar segment comes after renewables developer and asset manager RES received planning permission last year for a 65.5MW floating PV project that will be installed at a former quarry in northeastern France.

Recent research from consultancy Fitch Solutions said the projected growth in floating PV globally will pose significant benefits to the hydroelectric pumped storage sector given the synergies between the two technologies.

Read Next

May 15, 2024
Carbon plans to launch the first part of its module production facility in autumn 2025, ahead of a ramp up to an annual cell capacity of 5GW.
May 10, 2024
Dutch-Norwegian floating solar company SolarDuck and real estate firm Tokyu Land have completed an offshore floating solar PV (FPV) project in Japan.
April 30, 2024
Sembcorp has signed two 18-year power purchase agreements (PPAs) with Equinix to supply 75MW of solar power to the latter’s facilities.
April 15, 2024
India’s Ministry of New and Renewable Energy (MNRE) has published its latest figures for clean power capacity additions in the country, which show that the country added 15GW of new solar capacity in the 12 months to the end of March 2024.
April 2, 2024
Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.
March 7, 2024
912MWp of solar PV was awarded in the French government’s most recent ground-mounted solar tender, which closed this week.

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
May 29, 2024
11am (EDT) / 5pm (CEST)
Solar Media Events
June 4, 2024
London, UK
Upcoming Webinars
June 11, 2024
3:00 PM (BST) / 4:00 PM (CEST)
Solar Media Events
July 2, 2024
Athens, Greece