From pv journal in France

French photo voltaic developer Reden Photo voltaic introduced that it’ll make investments €4 million ($4.4 million) to deploy a brand new photo voltaic module manufacturing line at its headquarters in Roquefort, France.

Reden plans to start manufacturing actions on a brand new line by the tip of the 12 months. It has an annual capability of 200 MW. The corporate presently operates a 65 MW line in Roquefort, producing modules since its inception in 2009. Based on Thierry Carcel, CEO of Reden, the outdated line will stay lively for small panel sequence and after-sales service.

Carcel acknowledged that the manufacturing of their very own panels brings many benefits, together with guaranteeing independence and avoiding dependence on giant producers for small sequence of 30 or 40 MW. Reden’s experience within the downstream enterprise can also be a bonus for the photo voltaic module itself, because it helps to design revenue plans for his or her initiatives that qualify for French tenders for PV or associated initiatives of PPAs.

Though the brand new modules produced by the corporate will be as much as 8% costlier than their Asian counterparts, Carcel believes that prospects are keen to pay extra for “Made in France” , lowered carbon content material, and wonderful efficiency. He cited a current energy buy settlement (PPA) obtained by Reden from the French railway operator SNCF, wherein SNCF agreed to pay much less for panels made in France.

A consortium led by Australian monetary group Macquarie Asset Administration has agreed to accumulate French photo voltaic developer Reden Photo voltaic from French infrastructure corporations Infravia and Eurazeo.

This content material is protected by copyright and is probably not reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: [email protected].