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TAP’s shareholder building solar plants in France

Oil&Gas Materials 4 March 2020 13:17 (UTC +04:00)
TAP’s shareholder building solar plants in France

BAKU, Azerbaijan, March 4

By Leman Zeynalova - Trend:

Urbasolar, a subsidiary of Swiss Axpo company, a shareholder of the Trans Adriatic Pipeline (TAP), is set to construct three solar plants in France by 2021, Trend reports citing Axpo.

The plants are expected to meet about 10 percent of electricity demand of three airports, namely, Charles de Gaulle, Orly and Le Bourget.

The three plants will be located in the French departments of Gard, Var and Charente.

Urbasolar will install solar modules with a total capacity of 40 megawatts on an area of 40 hectares. The plants will produce around 47 gigawatt hours of electricity per year. This is equivalent to around 10 percent of the total electricity requirement of the Paris airports Charles-de-Gaulle, Orly and Le Bourget - or around half of the electricity required for airport lighting.

Buyer of the solar power is ADP Group (Aéroports de Paris). It will purchase the electricity from the three plants over a period of 21 years. The ADP Group aims to obtain its electricity entirely from renewables by 2030 at the latest.

Urbasolar has been an independent subsidiary of Axpo since 2019 and is one of the leading companies in the solar energy sector in France. The company is based in Montpellier and currently operates solar plants with a total output of 350 megawatts. Further plants with a capacity of around 1700 megawatts are in the pipeline.

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Follow the author on Twitter: @Lyaman_Zeyn

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