EduBourseActualitésInauguration of a solar park developed by the THEOLIA Group

Inauguration of a solar park developed by the THEOLIA Group

Pierre Perrin-Monlouis Dernière mise à jour: 20 octobre 2021

THEOLIA and its subsidiary NATENCO announce the official inauguration of the Merzig-Fitten photovoltaic power plant in the Saarland region of Germany.

A photovoltaic power plant entirely developed by the THEOLIA Group

The Fitten photovoltaic power plant, with total output of 3 MW, was developed and constructed in eight months by NATENCO, a subsidiary of THEOLIA, on an area of about 6.5 hectares of which 3.75 hectares belong to the EVS company and 2.75 hectares to the town of Merzig. It is the first solar park in the district of Merzig-Wadern and the second-largest photovoltaic park in Saarland.

The installation consists of 1,435 frames (chassis) supporting 17,220 solar panels with total output of 2.9 MWp, yielding an estimated 3 million KWh per year. Connecting the photovoltaic installation to the grid enables power to be supplied to around 800 four-person households. Operation of the photovoltaic installation actively contributes to the protection of the environment, saving about 3,000 tonnes of carbon dioxide each year.

This power plant, which was sold after its construction by THEOLIA (and included in the 2007 financial statements), has been in operation since December 2007.

Jean-Marie Santander, Chairman and CEO of THEOLIA: “As renewable energy specialists with the focus on wind power, our developers have now demonstrated their expertise in the construction of a solar park in Germany, a country that is heavily committed to renewable energy. Another success story! I am convinced of the potential for developing this technology, particularly in emerging countries. This achievement is the THEOLIA Group’s first step towards solar power and illustrates our ability to move into this area.”

For more information

Edward F. McDonnell
Director of Investor Relations
Tel: +33 (0)4 42 906 594
[email protected]

Dolores Muniz
Corporate Communications Director
Tel: +33 (0)4 42 904 904
[email protected]

Elodie Fiorini
Director of Financial Communications
Tel: +33 (0)4 42 906 596
[email protected]

THEOLIA
French société anonyme (public limited liability company with board of directors)
with share capital of €38,681,671
Registered office : 75 rue Denis Papin BP 80199 – 13795 Aix-en-Provence cedex 3 – France
Tel: +33 (0)4 42 904 904 – Fax: +33 (0)4 42 904 905 – www.theolia.com
THEOLIA is listed on Eurolist B, Euronext Paris under the symbol TEO

Pierre Perrin-Monlouis
Pierre Perrin-Monlouis
Fondateur de Rente et Patrimoine (cabinet de gestion de patrimoine), Pierre Perrin-Monlouis est un analyste et trader pour compte propre. Il vous fait profiter de son expérience en trading grâce à ses analyses financières et décrypte pour vous les actualités des marchés. Son approche globale des marchés combine à la fois l'analyse technique et l'analyse fondamentale sur l'ensemble des marchés : crypto, forex, actions et matières premières.
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