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EDPR named Best in Renewable Energy in France by Wealth & Finance International

EDPR named Best in Renewable Energy in France by Wealth & Finance International

EDPR France was named the “Best in Renewable Energy” in France as part of the 2015 Wealth & Finance Business Awards. The awards aim to recognize “truly special firms” that have changed the view of an industry through innovative methods and outstanding results. They are awarded based on a thorough analysis of several sectors by an in-house research team at the news publication Wealth & Finance International.

“It is great to receive recognition like this 10 years after taking our first steps in France,” said Frederic Lanoë, EDPR’s country manager for France and Belgium. “Back then, renewable energies were still in their infancy in France, but we always believed that a modern country like this one, with the second best wind power resource in the EU and a robust power grid, would one day come to recognize the massive opportunities offered by wind power and renewables in general.”

Today EDPR France is one of the largest operators in the French market, currently supplying 340MW via 170 wind turbines located throughout the country.

EDPR also holds a 43% stake in a consortium with Engie (formerly GDF Suez), which holds 47%, and Neoen Marine, which holds 10%, to develop and build a 500MW offshore wind farm at Dieppe and Tréport and another off the islands of Yeu and Noirmoutier. EDPR is also closely studying the floating wind power tender launched by the French Government as the company is among the pioneers of this technology worldwide.

Frederic Lanoë, who is also President of the French Wind Power Association (France Energie Eolienne) said it is a positive development that there is now a specific award for renewable energy, noting that the industry is at a pivotal moment because of the burning issue of climate change and the vastly increased competitiveness of wind power.

“I sincerely hope it also helps the industry itself, since it represents a further opportunity to spread the message that renewables make total business sense,” he said. “Any initiative that contributes towards invigorating the industry is a positive step forward.”