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New success in solar in France

17 November 2020

Forbach, France, November 17, 2020 at 6 p.m. – La Française de l’Énergie (Euronext: LFDE – ISIN: FR0013030152), leader in industrial ecology, has won a 15MW solar project in France in the latest solar tender from the country’s Energy Regulatory Commission (CRE).

A first major solar project in the Moselle region

This solar power plant will be built in the Grand Est region, in the Urban District of Faulquemont (DUF) on a former landfill in the city of Tritteling -Redlach. This 15 MW site will produce 16 GWh of power per year and supply the equivalent of the electricity consumption of more than 7000 people, around 30% of the population of the DUF. Construction of the plant will begin in 2021.

An ecologically and economically competitive power plant

The award of this project confirms the expertise of La Française de l’Energie in renewable energy’s production. This success is all the more satisfactory as it was carried out within the framework of a very competitive call for tenders marked by an average price of the projects selected of € 57.4 / MWh, down 7.4% compared to the previous tender. This demonstrates the Group’s ability and agility to develop economically and environmentally competitive projects.

This success also marks a key step for the Group in the deployment of its solar strategy, since this 15 MW solar plant is the largest of the six projects selected for the Grand Est region in this tender.

Antoine Forcinal, CEO of La Française de l’Énergie declares: “We are very happy to win this first solar project and thus contribute to the energy transition of Moselle and Grand Est. This success, which comes a few weeks after the start of production of the largest solar thermal power plant in France, confirms our ambitions and capabilities. I would like to thank the commitment of the entire team which contributes to the success of our deployment in this new solar sector. ”

With this new success in solar, La Française de l’Énergie continues to strengthen its unique position as a key player in the ongoing ecological transition by setting up new energy production sites in the former mining basins of France and Wallonia.

Next announcement:
December 3rd, 2020 – Shareholders’ meeting

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Promises won't impact
climate change.
Your local resources, will.

Climate change is an undeniable reality. We can already see its serious consequences for our planet. It is now urgent to act.

At FDE, we refuse to participate in initiatives that generate pollution beyond our borders, even if they reduce the carbon footprint of our local territories. Whether it is a question of carbon footprint or pollution, there are no limits.

It is our duty to build sustainable energy solutions that move towards global carbon neutrality. Today, the most resilient and sustainable energy solution is even more self-evident: it is imperative that energy remains local, within short supply chains, as close as possible to the needs of local communities and consumers.

Considering these, at FDE, we are taking actions and offering tailor-made, local multi-energy solutions.

By making the most of local resources, our offer enables us to provide territories with energies with a triple benefit: reduced carbon footprint, economically competitive and contributing to the socio-economic development of the area. We choose abandoned sites, make the most of the potential of local suppliers and service providers, and participate in a local center of expertise that involves universities, local authorities and associations in the local energy project.

FDE lacks neither the resources nor the know-how to deploy tailor-made energy solutions for everyone and for the planet.

Our engineers embrace the energy transition with a pragmatic view.

Recovering abandoned mine gas avoids fatal gas emissions into the atmosphere, while local coal gas reduces the need to import much more carbon-intensive gases. Abundant solar energy is both local and renewable.

To support the energy transition, at FDE, we are constantly innovating, looking for new solutions for the future, such as hydrogen, a decarbonized energy, or CO2 sequestration in coal.

In addition, all energy produced by our Group is designed to be more virtuous. All these processes therefore make FDE the only French energy producer with a negative carbon footprint.

HSE POLICY

In accordance with its values and code of ethics, and with the aim of pursuing the objective of:

  • Guarantee the integrity of our assets,
  • Ensure a safe and healthy working environment for its employees and subcontractors,
  • Guarantee the health and safety of all personnel working on and off-site,
  • Limit environmental impact.

 

FDE wishes to promote the following HSE principles:

Identify, prevent and control impacts and risks to health, safety, security and the environment,

Develop the company's activities in a sustainable and eco-responsible manner,

Improve the working environment for its employees and subcontractors.

Consequently, FDE undertakes to:

Ensure the rigorous application of regulatory procedures in force with respect to safety, health, environment and the preservation of public security,

Impose operational management with advanced criteria for environmental protection, pollution prevention and energy optimization, as part of the ecological transition,

Systematically verify compliance with HSE principles through audits and practical exercises, with the aim of continuously improving the system and its performance,

Define indices and performance indicators for monitoring HSE activities and promote benchmarking to identify areas for improvement,

Encourage employee participation and involvement in health, safety and environmental protection processes through training and creation of tools for sharing experience and knowledge.

This culture of risk prevention and control applies to all employees, partners and suppliers. It involves setting concrete objectives and deploying action plans as part of a continuous improvement process to better anticipate tomorrow's challenges. This policy is reviewed annually, as are the associated indicators and targets.

Antoine FORCINAL
Directeur Général,