5MW Agrivoltaic Project PPA signed by French Developer

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French renewable energy developer Valorem has secured a power purchase agreement for a 5 MW agrivoltaic project it is developing in the Dordogne department in southwestern France.

With a view to integrating local players, Valorem opened up the project capital to Enercoop and local energy company SEM 24 Périgord energies, which acquired to 2% and 37%, respectively.

SEM 24 is a semi-public energy company operating in the Dordogne, which invests in renewable energy projects facilitating the energy transition.