Siemens Enters French Solar Market

Siemens Energy (NYSE: SI) has received its first large-scale photovoltaic order from France.

The purchaser is Eco Delta Développement (EDD), a project developer for renewable energies, whose subsidiary Delta Solar is developing the photovoltaic park. Siemens will handle the turnkey construction of six solar power plants with a combined capacity of 30 megawatts peak (MWp) in Les Mées in the province Alpes-de-Haute-Provence.

The plants are scheduled to go on line in stages starting in the summer of 2011 and will supply power to around 12,000 French households.

“With this order we are entering in the French solar market," said René Umlauft, CEO of the Renewable Energy Division of Siemens Energy.

The French solar market is expected to increase from today’s 350 MWp installed capacity to as much as to 5,400 MWp in 2020.

The photovoltaic plants will be built on an area extending across 66 hectares on the Puimichel plateau, which has excellent insolation. Siemens as turnkey contractor will be responsible for all aspects of construction of the six photovoltaic plants, including civil works, supports, inverters, transformers, grid connection, control system and structures for the approximately 111,000 solar panels. The order includes an operation & maintenance (O&M) agreement.

Photovoltaic plants are part of the Siemens environmental portfolio with which the company earned revenues of nearly EUR 23 billion in fiscal 2009.

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