Dhamma Energy gets risk in French solar farm

Apr 5, 2021 05:45 PM ET
  • International solar programmer Dhamma Energy announces the acquisition of the staying 50% stake in the 12 MWp Lanas solar park in France from its co-shareholder, the driver Urbasolar.

With this procedure, Dhamma Energy currently has 100% of the solar park, which Dhamma Energy co-developed as well as operated with this driver.

"This acquisition belongs to our development strategy in France, where we have actually been energetic for over a decade and also where we hold a large profile of solar parks in operation and under development. Currently, Dhamma Energy owns a pipe of 1.2 GWp of solar parks at various phases of growth in France", claimed Olivier Crambade, Dhamma Energy's Co-founder and CEO.

The Lanas solar park, which came online in April 2018, is one of the largest solar parks improved an operating aerodrome in France.

This is also a project of usual rate of interest that contributes to the sustainability of the aerodrome of Ardeche Meridionale which meets a public objective by providing rescue solutions as well as civil defense to the area.

"The Lanas solar park is a project that profits the region and also its people. It gives a complementary use of tidy energy generation to a public land harbouring an aerodrome in activity. Neighborhood residents are also straight involved in the project through crowdfunding", claimed Dhamma Energy's Deputy CEO, Nicolas Fasquelle.

In 2009, Dhamma Energy won a require tenders launched by the driver of the Aubenas Aerodrome for the development of the solar park. A feed-in-tariff for the project was likewise secured in a nationwide solar tender organised by the National Energy Compensation.

The Lanas solar park utilizes monoaxial solar trackers. It produces around 18 500 MWh/yr, saving 1600 tpy of CO2.