Solairedirect Explained

Solairedirect S.A.
Foundation:2006
Location City:Paris, France
Key People:Thierry Lepercq,
President
Industry:Renewable energy, Solar Power
Products:Photovoltaic Plants, Solar Modules, Solar Energy

Solairedirect is a global renewable energy company focused on solar power. Headquartered in Paris, the company is the main solar power producer in France and has also international operations in the US, Chile, India[1] and South Africa. In develops, builds, owns, and operates solar power plants. The company announced its acquisition by Engie in July 2015 [2] after it had pulled out of its IPO process the company had announced in April 2015.[3] [4]

Its business consists mainly in the development and commissioning of solar parks projects (land identification, sourcing of solar panels and plant equipment, sourcing of civil works, connection to the local electricity grid) and in managing and maintaining those parks, including on behalf of third parties investors the company sells its solar parks to. In march 2015, the company, advised by Conquest Advisory, sold two solar parks in South West France.[5] Later in the same year, it was awarded a licence for the construction of 48 MW in Chile, after having acquired 72MW in May in the country, and won a bid for 54 MW in Punjab, India.[6] [7]

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Notes and References

  1. http://cleantechnica.com/2015/04/14/france-helping-india-meet-100-gw-solar-target/ How France Is Helping India Meet Its 100 GW Solar Target
  2. https://www.bloomberg.com/news/articles/2015-07-01/engie-buys-solairedirect-for-222-million-in-renewables-push Engie buys Solairedirect for 222 million in renewables push
  3. https://www.nytimes.com/2015/03/06/business/dealbook/solairedirect-moves-to-file-ipo-in-paris.html?_r=0 Solairedirect moves to file IPO in Paris
  4. http://www.ft.com/cms/s/0/7f9fe674-e433-11e4-9039-00144feab7de.html#axzz3girUHAK0 Solairedirect sets Paris IPO range
  5. Web site: Conquest Advisory Advises Solairedirect . 4-Traders. 3 July 2015.
  6. http://renewables.seenews.com/news/solairedirect-gets-permit-to-build-47-mwp-pv-plant-in-chile-490002 Solairedirect gets permit to build 47PW PV Plant in Chile
  7. http://www.energysector.in/solar-news/lanco-inaugurates-10-50-mw-solar-project-in-punjab Lanco Inaugurates 10.50 MW Solar Project in Punjab