Octopus Energy’s generation arm has struck four solar and wind deals, propelling the company to manage 500 megawatts of green power across more than 30 operational and under-construction wind and solar farms across France. The new investments are projected to power 150,000 French homes by 2030.
France is Octopus’ largest clean-generation market in continental Europe. These deals mark the latest leap in Octopus’ €1 billion ($1.1 billion) investment plans for France’s renewables market.
To speed up solar, Octopus expanded FFNEV — a renewables developer it backs in Spain, Portugal and Romania — into France on behalf of the Octopus Energy Development Partnership (OEDP).
FFNEV France aims to deliver 500 megawatts of new solar farms by 2030, primarily focused on agrivoltaics, alongside 100 megawatts of energy storage by 2030. This is across regions such as Grand Est, Nord, Pays de la Loire, Nouvelle Aquitaine and Occitanie, and will be enough to power ar