Europe’s Largest Floating Solar Power Plant Inaugurated in France by Q ENERGY and Velto Renewables

Avignon/Berlin, 20 June 2025. Europe's largest floating solar park, 'Les Ilots Blandin', was officially inaugurated today by Q ENERGY and Velto Renewables in the municipality of Perthes in the Haute-Marne region of France. Built on 127 hectares of former gravel pits, the park comprises over 135,000 photovoltaic modules installed on state-of-the-art floating platforms developed in France. With a total capacity of 74.3 MWp, the plant will generate enough renewable electricity to supply 37,000 people every year. It is also expected to prevent 18,000 tons of CO₂ from being emitted each year.

Turning Artificial Land into Renewable Potential

The project was initiated in 2019 by Q ENERGY with a vision to repurpose unused industrial basins for the benefit of both the environment and the economy. The gravel pits, which were formed by quarry operations that were due to cease in 2020, were identified as ideal sites for floating solar technology – they are areas with minimal land-use conflict and strong solar potential. 

Construction began in September 2023 after over five years of planning, with the plant reaching full commissioning in June 2025. The initiative builds on Q ENERGY’s longstanding presence in the region, dating back to 2010 with the opening of Haute-Marne's first wind farms. Since then, the company has developed 274 MW of renewable capacity across the département, serving over 257,000 people.

“Our long-standing relationships with local officials, government agencies, and economic stakeholders have been key to the success of this project,”said Corentin Sivy, Development Director and Deputy Managing Director of Q ENERGY France. “Understanding the local dynamics allowed us to design a project that is both technically sound and integrated into the region.”

Floating solar remains an emerging technology in France, particularly in the northern regions, where it holds significant untapped potential. Yet despite its advantages, such projects face economic challenges. Floating installations have higher construction and maintenance costs compared to their ground-mounted counterparts, but both must compete in the same public tender process managed by France’s Commission de Régulation de l'Énergie (CRE).

To ensure financial viability, multiple designs were considered before the current version was finalized. The final configuration includes a 2 MW ground-mounted system, strategically integrated to optimize the site's overall energy output and economic performance.

Successful collaboration between private-sector players committed to the energy transition

The project is the result of a robust private-sector collaboration orchestrated by Q ENERGY. Engineering firm Ciel & Terre supplied and installed the floating structures, modules, and inverters. Perpetum oversaw the procurement of electrical infrastructure and the construction of the ground-mounted array. Solutions30, the lead representative of the consortium, was responsible for cabling, grid connection, and overall commissioning.

Funding for the plant was secured in September 2024, with over €50 million raised through Crédit Agricole Transitions & Energies and Bpifrance. In early 2025, Spanish renewable energy player Velto Renewables – backed by Canadian institutional investor La Caisse – acquired a 50% stake in the project and will be the long-term owner of the asset. 

"Velto is accelerating its development in France with a clear objective: to establish a long-term presence in France for several decades. We are here to stay. Our mission is to develop, operate and support projects over the long term, in harmony with local specificities; this is one of the reasons we are proud of our partnership with QENERGY in France," saidLucas de Haro, CEO of Velto Renewables, at the inauguration.

About Q ENERGY

Q ENERGY is Europe's provider of holistic solutions for green power plants. The company is active along the entire value chain of renewable energy projects - from solar parks, onshore and offshore wind projects to energy storage solutions and hybrid power plants. More than 550 employees in the Berlin headquarters and further international offices are currently driving a development pipeline of +11 GW across Europe. Building on more than 25 years of experience and 2.5 GW completed renewable energy assets, Q ENERGY is currently active in Spain, Portugal, France, and Germany as well as in Italy. Together with its independent sister company Hanwha Qcells, Q ENERGY forms the energy division of its mother company and top-tier Korean enterprise Hanwha Solutions Corporation. 

About Velto Renewables

Velto Renewables is a renewable energy independent power producer with a long-term asset ownership strategy. Established in 2020 and backed by the global investment group La Caisse, Velto Renewables is committed to contributing to the decarbonization of the global economy and the European energy transition by investing in and developing an international and multi-technology portfolio of renewable energy projects. Velto currently owns more than 280 MW of operating and under construction solar PV and wind projects in Spain and France, manages a 25% investment in a 630 MW offshore wind farm in the United Kingdom, develops 1+GW of greenfield projects in Iberia, and is seeking to grow its portfolio by becoming a local player in the countries and regions where it invests.

For more information, visit veltorenewables.com.