From pv journal in France
French photo voltaic developer Reden Photo voltaic introduced that it’s going to make investments €4 million ($4.4 million) to deploy a brand new photo voltaic module manufacturing line at its headquarters in Roquefort, France.
Reden plans to start out manufacturing actions on a brand new line by the top of the 12 months. It has an annual capability of 200 MW. The corporate at the moment operates a 65 MW line in Roquefort, producing modules since its inception in 2009. In response to Thierry Carcel, CEO of Reden, the previous line will stay energetic for small panel collection and after-sales service.
Carcel said that the manufacturing of their very own panels brings many benefits, together with making certain independence and avoiding dependence on giant producers for small collection of 30 or 40 MW. Reden’s experience within the downstream enterprise can be a bonus for the photo voltaic module itself, because it helps to design revenue plans for his or her initiatives that qualify for French tenders for PV or associated initiatives of PPAs.
Though the brand new modules produced by the corporate may be as much as 8% costlier than their Asian counterparts, Carcel believes that clients are prepared to pay extra for “Made in France” , decreased carbon content material, and glorious efficiency. He cited a current energy buy settlement (PPA) obtained by Reden from the French railway operator SNCF, by which SNCF agreed to pay much less for panels made in France.
A consortium led by Australian monetary group Macquarie Asset Administration has agreed to amass French photo voltaic developer Reden Photo voltaic from French infrastructure firms Infravia and Eurazeo.
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