French renewables firm Voltalia’s Q2 revenues have been up 26% year-on-year to €111 million (US$113 million) as its mission growth, building and tools procurement phase continued to develop.
The agency’s providers unit elevated revenues by 36% to €94.3 million as growth revenues have been up because of the sale of initiatives to third-party purchasers, whereas the development phase posted robust development within the UK, Portugal and Kenya.
“Voltalia continued to develop at a speedy tempo within the second quarter with robust gross sales of providers to third-party clients,” stated the corporate’s CEO, Sébastien Clerc.
Revenues from the operations and upkeep unit have been flat year-on-year.
In addition to its position as a renewables mission service supplier – spanning growth, EPC and O&M providers – Voltalia is an asset proprietor and unbiased energy producer.
Q2 2022 revenues from power gross sales jumped 8% on the identical quarter final yr, whereas manufacturing fell to 0.6TWh, in comparison with 0.8TWh in Q2 2021.
The corporate ended the quarter with 2.1GW of renewables in operation and beneath building, with greater than 900MW beneath building.
The most important PV crops the agency is constructing are the SSM installations in Brazil, which have a complete mixed capability of 507MW, adopted by the 140MW Karavasta mission in Albania, which is because of be commissioned within the second half of 2023.
Throughout Q2 Voltalia was awarded 117MW of photo voltaic capability in a young in Morocco in addition to a 33MW floating PV plant in a Portuguese public sale in April that represents the corporate’s first floating photo voltaic mission.
The agency introduced final month that it has began growing a cluster of PV initiatives within the Brazilian state of Minas Gerais that can have a mixed capability of 1.5GW.
On the finish of March Voltalia’s Helexia subsidiary acquired French firm Cap Sud, which specialises within the growth and operation of photo voltaic techniques on the roofs of agricultural buildings.
Voltalia has confirmed a previous ambition to have 2.6GW of renewables in operation or beneath building by the top of 2023.
