Meridiam buys majority stake in giant hydrogen-based solar-plus-storage project in French Guiana

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
Credit: meridiam

France-based investment company Meridiam has acquired a 60% stake in HDF Energy’s hybrid 55MW solar PV and 140MWh hydrogen-based energy storage project, coupled with battery backup storage, in western French Guiana.

The Centrale Electrique de l’Ouest Guyanais (CEOG) project, launched in May, will be located in Mana near Saint Laurent du Maroni, and able to provide round-the-clock power to more than 10,000 households using the storage capacity to complement the solar PV generation. Meridiam will now help to finance and develop the plant.

The storage capacity will be larger than Tesla’s famous battery in Australia, which stands at 129MWh capacity. The project is scheduled to be commissioned in 2020 once it has been connected to the EDF station in Saint-Laurent-du-Maroni.

French power giant Engie and Meridiam were awarded two solar PV projects totalling 60MW(AC) in Senegal in April with record low prices ranging between Euro cents 3.80-3.98/kWh.

Read Next

May 7, 2021
Danish utility giant Ørsted has completed its first utility-scale solar-plus-storage facility in the US.
April 30, 2021
Software company Accela is joining forces with the US Department of Energy's (DOE) National Renewable Energy Laboratory (NREL) on a new platform offering faster permitting for residential solar and battery energy storage projects.
March 30, 2021
Local authorities in New South Wales, Australia, have given French independent power producer Neoen the green light to develop a large scale solar-plus-storage production facility in the region despite receiving 50 complaints from members of the public.
January 29, 2021
The results of Spain’s auction this week for 3GW of renewables capacity have been widely welcomed by the country’s solar sector, but calls have been made to tweak future auctions to support smaller-scale projects as well as encourage the participation of bids with energy storage.
January 28, 2021
Tesla reported a significant increase in energy storage deployments for the fourth quarter of 2020, more than doubling record figures from the previous quarter as battery manufacturing expansions led to greater product availability but demand still outstrips supply.
January 28, 2021
EDF Renewables North America has acquired 100% of US distributed generation company EnterSolar, as it aims to capitalise on accelerating growth in the commercial and industrial (C&I) solar market.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
July 29, 2021
Webinar
Upcoming Webinars
August 19, 2021
At 9am (PT) | 6pm (CEST)
Solar Media Events
August 25, 2021
Solar Media Events, Upcoming Webinars
October 6, 2021