Valorem's PPA and Land Deal for European Solar Projects

• Valorem's innovative agrivoltaic project in France and solar park in Finland showcase their dedication to sustainable energy solutions for a greener future in Europe.

French green energy operator Valorem has secured a power purchase agreement (PPA) with agri-food SMEs group Alliance Group for an agrivoltaic project in France's Nouvelle-Aquitaine region. The PPA will see Valorem deliver electricity to Alliance Group at a fixed price for 20 years, sourced from a PV plant combining power generation and sheep grazing in western France. Alliance Group has committed to purchasing the entire output of the Vigeant plant, covering 15% of its total electricity needs with green power.

In addition, Valorem has signed a land lease agreement with the Karkola municipality in Finland for a 60-MW solar park to be installed on 80-95 ha of land at a former sewage treatment plant. The proposed PV park is expected to generate over 40 GWh of electricity annually, enough to supply 2,000 electrically heated detached houses. Valorem aims to secure all needed land plots in 2024 and begin ground investigations, with planning and permitting scheduled for 2025.

Valorem's projects in France and Finland demonstrate the company's commitment to expanding its renewable energy portfolio and providing sustainable solutions for its clients. The PPA and land lease agreements mark significant milestones in Valorem's efforts to increase green power generation and contribute to the transition towards a more sustainable energy future in Europe.

What recent agreements has Valorem secured for solar projects in France and Finland?

• Valorem secured a power purchase agreement (PPA) with agri-food SMEs group Alliance Group for an agrivoltaic project in France's Nouvelle-Aquitaine region
• Valorem signed a land lease agreement with the Karkola municipality in Finland for a 60-MW solar park to be installed on 80-95 ha of land at a former sewage treatment plant