Largest solar farm in BayWa r.e. company history is to be built in France
BayWa r.e. renewable energy GmbH (BayWa r.e.) is in the process of erecting the largest solar farm in the company's history to-date. The large-scale "Lacoste" PV project in France has an overall output of 45.4 MWp and extends to an area of 115 hectares, distributed over five sites in the Aquitaine region near Bordeaux.
BayWa r.e. is the main contractor for this project and will build the individual plants in cooperation with a regional project developer and a Spanish EPC partner. Construction has already commenced and should be completed by July 2014. The plant portfolio is designed to provide 60,000 MWh of power annually. The renewable power generated will be sufficient to propel around 30,000 electric cars over some 10,000 kilometres per annum, or provide renewable energy to around 15,000 households.
About BayWa r.e. renewable energy GmbH:
BBayWa r.e. renewable energy GmbH, a 100% subsidiary of BayWa AG (Munich), is responsible for BayWa group’s renewable energy business. BayWa r.e. was founded in 2009 and acts as a holding company for various business interests in the areas of solar, wind energy, bio-energy and geothermal energy. BayWa r.e.’s business activities range from project development and realisation to retail and consulting services. The company covers the entire spectrum of technical plant support services. If desired, it can also undertake the commercial and technical operations management of plants. The company has an international focus with its core markets in Europe and the USA.
BayWa AG is a trading company operating on an international platform. Its main business sectors are agriculture, construction material and energy. Shares in the company are traded on the MDAX exchange (German Mid-Cap Index).