What we do

As a renewable energy specialist, Neoen draws on a variety of technologies (solar power, wind power, storage). We have also honed our expertise in energy storage to be able to contend with the intermittent output of renewable energy technologies and contribute to their development. We operate on a vertically integrated basis across the whole life cycle of our power plants, developing and operating them with a long-term strategic vision.

As a renewable energy specialist, Neoen draws on a variety of technologies (solar power, wind power, storage). We have also honed our expertise in energy storage to be able to contend with the intermittent output of renewable energy technologies and contribute to their development. We operate on a vertically integrated basis across the whole life cycle of our power plants, developing and operating them with a long-term strategic vision.

How we do it

  • Solar power

    The sun is the most widely available source of energy on earth and the quickest to be deployed. Solar power has been the focus of technological innovation and has seen spectacular productivity gains. Our plants are therefore particularly competitive in many countries. Solar power was Neoen’s first sector and remains our main business line.

  • Wind power

    Onshore wind farms are a mature source of renewable energy at competitive rates. We use wind turbines in addition to solar energy, where conditions are particularly favourable, on the Australian plains or in some regions of France and Finland. We currently focus our wind farm business in these three countries and have several projects in development.

  • Storage

    Energy storage is the answer to the volatile nature of renewable energy sources. Prices have been divided by three in the last four years and storage can now be deployed on an industrial scale, opening new horizons, namely balancing supply to the grid, network services and eligibility in non-interconnected markets. As the operator of the world’s largest lithium-ion plant, the Hornsdale Power Reserve in Australia that we developed with Tesla and have been operating since 2017, Neoen is at the forefront of energy storage.

How we operate

We define ourselves as an integrated energy company. We intervene in all four stages of an asset’s life-cycle: design and development, financing, building and operating. We are an independent supplier, we own 85% of our plants, and operate them in our own name. With this approach, we guarantee the quality and performance of our assets over time.

Development
and Design

Finance

Construction Project Management

Operations

We define ourselves as an integrated energy company. We intervene in all four stages of an asset’s life-cycle: design and development, financing, building and operating. We are an independent supplier, we own 85% of our plants, and operate them in our own name. With this approach, we guarantee the quality and performance of our assets over time.

  • Development
    and Design

    The technical, economic, societal and environmental feasibility of each project is determined during the development stage via surveys of potential, soil and the impact on the environment and on biodiversity. The design enables the project to be set up according to the site and the available resources. During this phase, consultations are held with the parties concerned, including residents, communities, local politicians and authorities.

  • Finance


    We finance our projects through a combination of our own capital and long-term loans based on the project itself (non-recourse financing). Our financial partners are diverse: commercial banks, multilateral or development. In some countries we finance our projects locally through crowd funding.

  • Construction Project Management


    As a responsible construction project manager, we are directly involved in the construction work for the power plants we operate. We ensure that each plant is a sustainable asset, with a life span of several decades. As far as possible, we use the services of local industry.

  • Operations


    We keep a close eye on the day-to-day running of our power plants around the world. Supervision and maintenance are undertaken on site, in real time.

Our power plants