- French hydrogen specialist HDF Energy has announced it has secured a 25-year power purchase agreement for its Centrale Electrique de l’Ouest Guyanais (CEOG) project – a PV park and 128 MWh, hydrogen-based storage station in Saint-Laurent-du-Maroni, in northwestern French Guiana.
The facility will sell power at an undisclosed price to French power utility EDF. “The price of CEOG electricity is competitive with diesel power plant[s]in French Guiana and this, without including the negative externalities of … fossil [power]plants,” a spokesperson from the company told pv magazine.
The equity for the project will be provided by French investment firm and asset manager Meridiam, which owns a 60% stake in the project, and SARA, a refinery based in Martinique and supplying the French Antilles and Guiana. The non–recourse project financing will be awarded by commercial and development banks.
The facility relies on a 55 MW solar unit, a 16 MW electrolyzer, storage tanks and 3 MW of fuel cells. The project is intended at covering the energy needs of 10,000 households of all Western Guiana. The facility will be able to produce a fixed electrical daily output of 10 MW until evening, and of 3 MW during the night.
Author: Emiliano Bellini
This article was originally published in pv magazine and is republished with permission.
