Boralex wins 42 MW of solar in French tech-neutral auction

• Boralex Inc (TSE: BLX) has been granted 42 MW of projects in France's recently finished technology-neutral tender, the Canadian renewable resource business claimed on Tuesday.

3 of the Canadian company's projects have succeeded in the procurement round, which was open to solar, wind and also hydropower modern technologies. With the honors, Boralex will authorize a feed-in premium contract for two decades after the plants become part of commercial procedures.

Particular information regarding the proposals were not available.

Today, Boralex has more than 1.1 GW of installed wind and also solar energy capacity in France and is creating greater than 1.5 GW of projects in the nation.

Earlier in December, the French government marked the winning condition to 34 proposals completing 501.1 MW in the initial technology-neutral tender under the national PPE2 aid programme. Around 180 MW of the overall capacity was for solar PV technology.