Energy Transition Partnership: Velto Renewables And Q Energy Launch Far-Reaching Cooperation to Acquire Renewable Energy Projects in Europe
Madrid, Spain / Berlin, Germany - Velto Renewables, a renewable energy producer and operator backed by global investment group CDPQ, and Q Energy Solutions SE have launched a partnership.
The first portfolio consists of five projects in France, which are currently being built by Q Energy. These are two assets with photovoltaic systems and two assets in the wind energy sector. The portfolio also includes the floating photovoltaic park Les Îlots Blandin in the French region of Haute-Marne. With a capacity of 74.3 MW, this is the largest floating solar plant in Europe to date, according to the companies.
The five projects are expected to start commercial operation in stages between spring 2025 and early 2026. Once the plants are in operation, they are expected to produce a total of more than 210,000 MWh (210 million kWh) of electricity per year and thus supply more than 50,000 households.
About the companies
Velto Renewables is an independent power producer in the renewable energy sector with a long-term strategy as a plant owner. Velto currently owns more than 280 MW of PV and wind projects in operation and under construction in Spain and France and manages a 25% stake in a 630 MW offshore wind farm in the UK. In addition, the company is developing more greenfield projects with a capacity of over 1,000 MW on the Iberian Peninsula.
Q Energy is active along the entire value chain of renewable energy projects. The spectrum covers solar parks, onshore and offshore wind projects through to energy storage solutions and hybrid power plants. The company employs over 450 people at its Berlin headquarters and other international offices, working on a huge development pipeline with a capacity of 15,000 MW (15 GW) in Europe. Q Energy is currently active in Spain, Portugal, France, Germany and Italy.
Source: IWR Online, Mar 03 2025