Photosol and Neoen emerge as leading winners in French solar tender

Rubis Photosol and Neoen SA are the leading winners, with allocated capacities of 257 MWp and 221.6 MWp respectively, in the recent tender for ground-mounted solar power plants in France. The total tendered capacity was 1,519 MWp which was a slight increase from the earlier announced 1,500 MWp. Meanwhile, a total of 129 projects have been allocated by the government in this fourth-period tender for ground-mounted photovoltaic installations. Reportedly, the average price was $86.84 per MWh.

Overall, Neoen has secured 15 projects which range from 3.3 MWp to 42.2 MWp and are planned to move into construction between 2024 and 2025. Meanwhile, Photosol has got 17 per cent of the capacity with projects ranging in size from 4.6 MWp to 98 MWp.

In July 2023, Ib Vogt agreed to sell its 98.4MW solar portfolio to Rubis Photosol for an unknown sum. The solar portfolio contained ten photovoltaic and agrivoltaic plants in Italy’s Lazio area. ib vogt solely funded the portfolio, then developed it along with two joint venture partners, Christoph Drewes Energieberatung and Hans Karl Pichler.