Clearvise gets stake in French solar site

May 3, 2023 11:16 AM ET
  • Majority rate of interest in the 33MW PV project has actually been bought from LNF Solar Development
Clearvise gets stake in French solar site

Independent power producer Clearvise has gotten a majority stake in a 33MW ready-to-build ground-mounted solar park in the Nouvelle-Aquitaine region of France.

The project has been bought from designers LNF Solar Development GmbH and also Frank Menschel.

The regional programmers will certainly remain associated with the facility via a clearPARTNERS collaboration.

The celebrations are seeking the goal of constructing the solar park via a joint IPP business and also running it in the long term.

Approval for the project has already been given and also construction is scheduled to start in 2023.

Because of the lengthy delivery time for the transformer station, the grid link is prepared for the first fifty percent of 2024.

On top of that, the programmers have a development pipeline of around 100MW.

The parties have actually ended a cooperation agreement and plan to implement projects approved from this in the exact same structure.

Chief executive of Clearvise Petra Leue-Bahns stated: "We are very pleased that with LNF Power as well as Mr Menschel we had the ability to win the right partners for the application of our clearPARTNERS model.

" We have understood each other for years and also have fantastic regard for the skills as well as impressive performance of our partners in project development.

" With this collaboration, we can effectively diversify the portfolio highly towards solar photovoltaics in France as one of our crucial core markets.

" At the same time, we have actually hence given evidence of idea that all three pillars of the 3-C acquisition method work in method and ideally cover the requirements of our target audience.

" With clearPARTNERS, we have actually established an innovative co-development as well as co-IPP model that concentrates on reasonable, long-lasting teamwork with smaller regional designers and as a result develops included value for all partners.

" With this cooperation, we have gotten to another milestone in our development campaign clearSCALE 2025."

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