French renewables firm boosts global portfolio

French renewable energy developer Voltalia announced its portfolio of renewable energy projects has grown to 1,825 MW in four countries from 1,332 MW a year earlier. The new projects include 310.9 MW of hydropower.

Voltalia, which develops renewable energy projects of hydro, wind, biomass, and solar power, also trades in carbon emissions credits. It has operations in France, Guyana, Brazil, and Greece.

Its hydro portfolio includes:
o Under development: three plants of 4.75 MW in France, four plants of 16 MW in Guyana, 16 plants of 75.2 MW in Brazil, and three plants of 27.2 MW in Greece; and
o In study: four plants of 11 MW in Guyana, 11 plants of 160 MW in Brazil, and two plants of 16.8 MW in Greece.

Voltalia also is developing 1,275.7 MW of wind, 137.1 MW of solar, and 101 MW of biomass projects in the four countries.

The firm said it is continuing its carbon credit activity, noting the December global warming summit in Bali, Indonesia, paved the way for additional emissions trading.

In 2007, Voltalia formed a partnership with Brazil’s Focus Infraestrutura e Participacoes S/A to develop renewable energy projects, including hydropower, in Brazil. (HNN 6/29/07) The joint venture, Energio Participacoes, is owned 51 percent by Voltalia and 49 percent by Focus. It has nine hydro projects under development totaling 49 MW.

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