Dhamma Energy ends up being 100% proprietor of 12-MWp solar park in France
- Madrid-based solar designer Dhamma Energy stated on Thursday it has bought the 50% it did not own in the 12-MWp Lanas photovoltaic (PV) park in France.
The Spanish company has gotten the rate of interest from the property's co-shareholder Urbasolar, a French solar installer as well as operator. Complying with the offer, Dhamma Energy has become the 100% proprietor of the plant.
The Lanas solar farm is located at the site of the Aubenas Aerodrome running aerodrome in France. Equipped with monoaxial solar trackers, the plant has an annual outcome of around 18,500 MWh, which assists counter about 1,600 tonnes of carbon dioxide (CO2) discharges each year. It has been generating electrical energy given that April 2018 and also is getting feed-in-tariffs (FiTs) secured in a national tender by France's National Energy Compensation.
Dhamma Energy won the project in a tender held by the Aubenas Aerodrome driver back in 2009. Local citizens are directly associated with the Lanas project through crowdfunding, noted Dhamma Energy's Chief Executive Officer Nicolas Fasquelle.
The procurement belongs to Dhamma Energy's development plans for the French market where the company currently has a pipeline of 1.2 GWp of solar projects at numerous stages of development.