Voltalia Secures a New Renewable Energy Project
Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energy, is thrilled to announce a significant new venture in the realm of solar energy.
The company has been awarded a groundbreaking 139-megawatt solar project in Menzel Habib by the Tunisian government. This follows the successful bid for the Sagdoud project, marking another milestone in Voltalia's commitment to renewable energy in the region.
Details About the Menzel Habib Solar Project
This ambitious project, located in the Gabès region of Tunisia, will generate enough electricity to power over 620,000 residents. Not only will it significantly contribute to the local energy supply, but it is also projected to prevent the emission of approximately 360,000 tonnes of CO2 annually.
Construction is slated to commence at the end of 2025, with plans for commissioning expected by 2027. The electricity generated from this facility will be sold under a long-term contract spanning 25 years, solidifying Voltalia's role in sustainable energy production.
Strategic Advantages of the Project Location
An interesting aspect of the Menzel Habib project is its proximity to the Sagdoud project, situated only 125 kilometers away. This closeness creates opportunities for shared construction, transport, and maintenance costs, enhancing the overall efficiency of both projects.
“We are delighted to have won this new project. I would like to congratulate the teams, who have once again demonstrated their commitment and creativity,” stated Sébastien Clerc, Chief Executive Officer of Voltalia. His words reflect the dedication and expertise that underpin the company's ongoing success in the renewable energy sector.
Looking Ahead
The upcoming milestones for Voltalia will include reporting Q4 2024 turnover, scheduled for January 29, 2025, after market close. This report will provide insights into the company’s financial health and outline future projects and initiatives.
About Voltalia
Voltalia stands as a cornerstone in the realm of renewable energy, operating a diverse portfolio that encompasses wind, solar, hydro, biomass, and storage facilities. The company boasts an impressive 3.1 GW of capacity currently in operation and under construction, alongside a vast development portfolio with an impressive total capacity of 17.2 GW.
In addition to producing and selling green electricity, Voltalia provides comprehensive services to its clients, supporting them from project design all the way through operation and maintenance. The company is known as a pioneer in the business market, delivering a wide range of services that enhance energy efficiency and promote local production of electricity.
With a workforce of over 2,000 dedicated employees across 20 countries on three continents, Voltalia is well-equipped to offer global solutions to its customers. It is publicly traded on the Euronext regulated market in Paris under the ticker VLTSA and is included in several indices, such as the Enternext Tech 40 and CAC Mid&Small.
Stay Connected with Voltalia
For inquiries or more information, individuals can reach out via email at invest@voltalia.com or contact the company by phone at +33 (0)1 81 70 37 00. For press relations, Jennifer Jullia can be contacted at jennifer.jullia@seitosei-actifin.com or by phone at +33 (0)1 56 88 11 19.
Frequently Asked Questions
What is the capacity of the new solar project in Tunisia?
The new solar project in Tunisia has a capacity of 139 megawatts.
When is construction expected to start for the Menzel Habib project?
Construction is expected to begin at the end of 2025.
How many residents will the Menzel Habib project serve?
The project will produce enough energy to serve over 620,000 residents.
What is the environmental impact of the Menzel Habib project?
The project is expected to prevent the emission of around 360,000 tonnes of CO2 per year.
What is Voltalia's ticker on the Euronext market?
Voltalia is listed under the ticker VLTSA on the Euronext market in Paris.
