It took just one month to successfully close the crowdfunding launched by LUXEL, a subsidiary of EDF Renewables, dedicated to the construction of a solar power plant located in the municipalities of Maussane-les-Alpilles and Le Paradou. In total, 102 people invested €300,000 in this project which will be put into service at the beginning of 2022.
The terms of this investment (yield, duration, etc.) remain available on the Lendosphere platform: www.lendosphere.com/maussane
Opened on June 18, crowdfunding for the construction of the Maussane-les-Alpilles and Le Paradou solar power plant amounted to €300,000. This amount was fully subscribed on July 19, thanks to the investments of 102 people, who placed sums between €100 and €10,000 – minimum and maximum amounts set for this operation.
This crowdfunding was reserved primarily for residents of the Vallée des Baux-Alpilles community of communes: 17 local residents invested €70,100, or 23 % in total. Then, from July 3, it was open to residents of Bouches-du-Rhône, Var, Vaucluse and Gard. This territorial exclusivity encourages the use of short-circuit savings and allows direct economic benefits for the local citizens of the project. It is also an opportunity for them to reduce the carbon footprint of their savings by investing in this renewable energy installation.
Through this operation, the inhabitants of the departments concerned have become shareholders of the solar power plant and are contributing to the financing of the work which is in progress. The first photovoltaic panels were installed in July 2021 and the commissioning of the plant is planned for early 2022.
Made up of 20,800 panels and a total power of 8.5 MWp, the future photovoltaic plant will produce 12.7 GWh per year, the equivalent of the average annual electricity consumption of around 5,200 inhabitants*. Avoided atmospheric emissions are estimated at 3,150 tonnes of CO2 per year.
Involve residents in the energy transition of their territory
“The Vallée des Baux-Alpilles power plant meets all the criteria for the development of renewable energies requested by the State. Throughout its operation, it will cover more than the annual electricity needs of the entire population of the two municipalities hosting the photovoltaic plant: Maussane-les-Alpilles and Le Paradou. Almost ¼ of the collection was financed by the inhabitants of the intercommunality. By getting involved in this way, the local population is investing directly in the local energy transition,” declares Mathieu Pinchard, Director of Grand Sud Projects for LUXEL.
*2,457kWh per inhabitant per year: average value calculated on the basis of residential consumption of
Continental France in 2016 (158.5 TWh) reduced to the population (64.5 million inhabitants).
PRESS CONTACTS
For Lendosphere:
Virginie Hourdin-Brémond
Such. : 06 12 54 51 45Email: virginie.hourdin-bremond@lendosphere.com
For LUXEL
Virginie Contal
Such. : 07 86 11 95 24
Email: v.contal@luxel.fr
For EDF Renewables
Manon of Cassini-Hérail
Such. : +33 (0)1 40 90 48 22
Email: manon.decassini-herail@edf-re.fr
For the Community of Communes Vallée des Baux-Alpilles
Cécile Pietri
Such. : 07 84 90 68 88
Email: cecile.pietri@ccvba.fr
About Lendosphere
Lendosphere is the first crowdfunding platform for loans and equity dedicated to sustainable development projects. Since its launch in December 2014, more than 100 million euros have already been invested, by the 18,500 members of its community, in 280 renewable energy projects which have made it possible to avoid the emission of 1.5 million cumulative tonnes of CO2 per year. Lendosphere is approved as an Equity Investment Advisor and Crowdfunding Intermediary with ORIAS, and regulated by the AMF.
More information on: www.lendosphere.com
Follow us on: Facebook, Twitter, Linkedin
About LUXEL
LUXEL has been developing and operating high-power ground-mounted photovoltaic power plants for more than 12 years throughout the national territory. LUXEL's businesses cover development, design engineering, construction and operation of facilities. Between 2017 and 2019, LUXEL ensured the construction of 12 power plants with a power of 60 MWp (corresponding to the CRE 3 and CRE 4.2 winners). It currently has a portfolio of 200 MW of new projects ready to be built or already under construction. With 155 MWp in operation and a portfolio of projects under development of more than 1.3 GWp, the Montpellier subsidiary of EDF Renewables France is an integral part of the Solar Plan which aims to make EDF the leader in photovoltaics in France with 30% market share by 2035.
For more information: www.luxel.fr
Follow us on Linkedin: https://www.linkedin.com/company/luxel
About EDF Renewables
EDF Renewables is an international leader in renewable electricity production with capacity
installed wind and solar power of 13.8 GW gross worldwide. Mainly present in Europe and North America, EDF Renewables continues its development by taking a position in promising emerging markets such as: Brazil, China, India, South Africa and the Middle East. Historically active in onshore wind power and photovoltaics, the Company is now strongly positioned in offshore wind power and new technologies such as energy storage. EDF Renewables ensures the development and construction of renewable energy projects as well as their operation and maintenance. EDF Renewables is a subsidiary of the EDF group.
For more information: www.edf-renouvelables.com
Follow us on Linkedin: https://www.linkedin.com/company/edf-renouvelables
and on Twitter: @EDF_RE in French and @EDF_Renewables in English