Q Energy secures €50 million financing for 74MW floating PV plant in France

Facebook
Twitter
LinkedIn
Reddit
Email
Largest floating solar PV project being built in France by Q Energy
Construction of Europe’s ‘largest’ floating PV project is already underway with an expected pre-commissioning set for Q1 2025. Image: Romain Berthiot.

Renewables developer Q Energy has secured €50.4 million (US$56 million) in financial debt for a 74.3MW floating solar PV (FPV) project in France.

Located in the northeastern department of Haute-Marne, the construction of the “Les Illots Blandin” is already underway with an estimated pre-commissioning planned for the first quarter of 2025.

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

The plant will cover 127 hectares of former gravel pits and over 134,000 PV modules mounted on floats. FPV solutions provider Ciel & Terre will provide the floating structure.

Once operational, the project will be the largest of its kind in Europe, according to the renewables developer.

The €50.5 million financial close was arranged by French banking firms Crédit Agricole Transitions & Energies and Bpifrance.

“We are very grateful for the great trust and commitment of our financing partners in this project. Together, we are taking one of the most innovative technologies for clean power generation to a new level and giving a further boost to renewable energies in France”, said Ludovic Ferrer, Commercial Director of Q ENERGY France.

Q Energy is a subsidiary of Korean conglomerate Hanwha Group. The company has a development portfolio exceeding 15GW of renewables across seven European countries.

Read Next

June 6, 2025
France has registered zero or negative energy prices for 90% of days in May 2025, according to data from energy storage developer Storio Energy.
June 6, 2025
rPlus Energies has secured more than US$500 million for an 800MW solar-plus-storage project in Emery County, Utah, US.  
June 5, 2025
Policy uncertainty in the US is likely to disrupt investment in clean energy, according to a recent report from Crux.
June 3, 2025
Danish renewables firm European Energy has secured a €145 million (US$158 million) long-term loan to finance a 78.5MW solar park co-located with a 50MW battery storage plant in Anykščiai, Lithuania.
May 28, 2025
The German state of North Rhine-Westphalia has launched a Federal Council initiative to accelerate the development of floating solar (FPV) on artificial lakes.
May 28, 2025
Renewables developer Solaria has reached an agreement in principle with Spanish bank Banco Sabadell to finance a 175MW solar PV plant in Spain.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
June 17, 2025
Napa, USA
Upcoming Webinars
June 30, 2025
10am PST / 6pm BST
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
July 1, 2025
London, UK
Solar Media Events
September 16, 2025
Athens, Greece