Velto Renewables assumes full control of Europe’s largest floating solar power plant

The Spanish company Velto Renewables has completed the acquisition of the floating solar plant Les Îlots Blandin in France, becoming the sole owner of the project that it already operated 50% together with Q ENERGY.

Located in Perthes, in the department of Haute-Marne, this 74.3 MWp facility covers an area of 127 hectares. It is equipped with more than 135,000 photovoltaic panels on state-of-the-art floating platforms. Its production capacity will make it possible to supply some 37,000 people with renewable electricity each year and to avoid the emission of more than 18,000 tons of CO2 per year.

Strategic projection of the floating solar plant

The site of Les Îlots Blandin represents an example of how floating floating solar technology can reclaim former industrial sites and turn them into clean generation assets.

With this transaction, Velto Renewables consolidates its presence in the French market and expands its portfolio of wholly owned assets. In addition to the acquisition, the firm will manage the long-term operation of the floating farm, allowing it to fully integrate the operation and maintenance of the asset.

The handover is part of a framework agreement between Velto Renewables and Q ENERGY, which envisages future collaboration on multiple clean energy projects in Europe. This framework reinforces the connection between the two players, aligning their goals in decarbonization, sustainability and technology development.

Source and internal photo: Q ENERGY

Main photo: Velto Renewables