Saran, 7 October 2008 - Aérowatt, a green electricity generator overseas and in metropolitan France, is continuing to grow in the solar power sector, the Group's second area of development. The production of photovoltaic energy has many advantages in a market which is expected to see rapid growth.
According to Jérôme Billerey, Aérowatt's Chairman, "the introduction of a regulated price structure guaranteed over 20 years paves the way for long-term investments in this up and coming sector. To complement our overseas presence, we made the decision to break into continental France, mainly for fitting solar power generators into roofs, by working in direct collaboration with industrial and commercial building contractors. Overseas, we are also involved in retrofit and ground installations, particularly at our wind energy sites to create combined wind / solar energy plants."
Aérowatt is planning to begin work soon on four solar power plants built into large-scale constructions with a total own-account capacity of around 5.4 MWc. These new sites, which should reach completion in the third quarter of 2009, will add to Aérowatt's solar power generation capacity and contribute towards achieving the 50 MWc own-account target set by the group for the end of 2013. Furthermore, supply of crystalline silicon modules has been secured from manufacturers.The first project, planned to be carried out in partnership with a key player in real estate development, is the construction of an integrated roof on a 30,000 m² shopping centre in Orange, Vaucluse. The plant will have a power of 2,500 kWc and will generate 2.7 GWh, which is the equivalent of the electricity required for 3,000 inhabitants. The transport group Alloin has appointed Aérowatt to conduct a study, in preparation for installation of two roof-based plants at sites in Bourges and Saint-Etienne, with a total capacity of 1,000 kWc, on construction of two loading docks. These buildings involve an original architectural design to optimise installation of solar power modules and their energy production without affecting the site's industrial operations. The Vinipolis cooperative in Florensac, Hérault has signed a deal with Aérowatt within the context of roof renovation for incorporation of a 4,000 m² solar power plant with a power of 400 kWc. And finally, in Réunion, a canopy is to be built in the Sainte Anne go-karting complex (car park, track, stands, etc.); this plant, with a power of 1,500 kWc, will be adapted to the many constraints of the site.
Acting as the main contractor in the construction of roofs and hence as a global operator for owners and developers, Aérowatt has negotiated a partnership allowing it to benefit from a ten-year warranty and constructor's public liability insurance for all its built-in installations. This original approach gives security to contractors with a strategy that is still highly innovative in France.
ISIN Code FR0010396119
Independent producer of green energy from renewable sources both in mainland France and in overseas territories, Aérowatt handles all the stages in the development of a power plant, from site selection to electricity generation.
Owner and operator of 21 wind farms representing 57 MW as well as of 11 solar farms representing 1,5 MWp on June 30th 2008, Aérowatt has a wind project portfolio of 1,240 MW and a solar project portfolio of over 110 MWp which will enable it to operate, for its own account, 350 MW in wind power and 50 MWp in solar energy by end-2013.
In 2007, Aérowatt generated sales of €7.1m, up 57% from 2006, and had at end of 2007 33 employees, of which 15 are dedicated to project development.
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