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Energy Transition North America 2021

Dhamma Energy begins construction of an 87.5 MWp solar park in France

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Madrid, October 2, 2019.- Dhamma Energy celebrated last week the laying of the foundation stone of the 87.5 MWp Athies-Samoussy park, the largest solar plant in the northern France region of Hauts-de-France.

The ceremony marks the start of the construction of the project located at the former NATO airbase of Laon-Athies. Works have begun in September and will last one year.

“We can be proud to see the birth of a project of such magnitude that is going to participate in the fight against climate change”, said co-founder of Dhamma Energy Philippe Esposito.

Investment for the Athies-Samoussy solar park stands at around 70 million euros. Among the investors in the project are public and private groups.

Record for crowdfunding

The Athies-Samoussy solar park set a record for crowdfunding. The project collected 1.1 million euros through the platform Lendosphere in 25 days last July. This amount is a record for crowdfunding for a solar project awarded at national auctions in France. Only local investors participated in the gathering of funds.

The Athies-Samoussy project was a winner at two national auctions that took place last year in France.

The solar park will cover a surface area of 100 hectares at the former airbase of Laon-Athies and will provide a new use for the site. Yearly electricity production will be 93 GWh; this is the equivalent of the domestic consumption of 40.000 households.

About Dhamma Energy

Dhamma Energy develops, builds and invests in medium and large solar parks and self-consumption installations. To date Dhamma Energy has fully developed 650 MWp of solar projects, most of them located in Mexico and France and currently has a pipeline of over 2 GWp under development in Europe, Latin America and Africa. In Spain, Dhamma Energy has currently 300 MW under development. Dhamma Energy operates solar plants in France and Mauritius.

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