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Strong crowdfunding for an 87.5 MW solar park in France

The project is located at the former NATO airbase of Laon-Athies. Works have begun in September and will last one year.

“We can be proud to see the birth of a project of such magnitude that is going to participate in the fight against climate change”, said co-founder of Madrid based Dhamma Energy Philippe Esposito.

Investment for the Athies-Samoussy solar park stands at around 70 million euros. Among the investors in the project are public and private groups.

Winner of two national auctions

The Athies-Samoussy solar park set a record for crowdfunding. The project collected 1.1 million euros through the platform Lendosphere in 25 days last July. This amount is a record for crowdfunding for a solar project awarded at national auctions in France according to Esposito. Only local investors participated in the gathering of funds.

The Athies-Samoussy project was a winner at two national auctions that took place last year in France.

Expected yearly electricity production of 93 GWh

The solar park will cover a surface area of 100 hectares at the former airbase of Laon-Athies and will provide a new use for the site. Yearly electricity production will be 93 GWh; this is the equivalent of the domestic consumption of 40.000 households. (HCN)