Neoen is the French leading and one of the world’s leading independent producers of renewable energy. We contribute to the effort to counter global warming and drive the energy transition by making it our business to produce sustainable electricity locally and on a large scale at ever-more competitive rates. Neoen is a responsible company with a long-term vision that translates into a strategy seeking strong, sustainable growth. We are aiming for more than 5 GW of capacity in operation and under construction by 2021.
Forecast full-year revenue
This figure indicates the green electricity sales that Neoen would have consolidated had all its plants - those commissioned since its inception and by end-December 2017 at the latest - been in operation for a full year. 2017 was a highly significant year for new plants, with a total of 461 MW in new capacity being commissioned in that year alone, an increase of 72% on previously installed capacity.
In operation and under construction
This figure indicates total power already financed which is in operation or will be in operation in the near future. This amount of power is sufficient to supply cities such as Lyon, Marseille and Toulouse with green electricity.
Neoen is present in 10 countries, with plants already operating, under construction or with financing underway. We are the leading independent producer of renewable energy in France, Australia, El Salvador, Jamaica and Zambia. We have numerous projects in the pipeline and in the near future our operations will span 15 countries.
We are aiming for 5 GW of power in operation and under construction by 2021. We are nearly two-thirds of the way there, having 3 GW of capacity in operation, under construction and awarded. We have 7.4 GW worth of projects in the pipeline.
The very nature of our business and our long-term outlook are synonymous with responsibility. In concrete terms, we make serious commitments to our staff, partners and the communities in which we operate. We are conscious of the role we play in terms of local development and we therefore support several local charities and social projects.
The independent leading expert Aurecon estimates that the battery allows annual savings in the wholesale market approaching $40 million by increased competition and removal of 35 MW local FCAS constraint