Solar Energy: Competitive and Essential
Solar energy is a competitive solution that can be deployed on a large scale, offering significant advantages for the global energy transition.
According to the International Renewable Energy Agency (IRENA), between 2010 and 2022, the cost of solar energy has fallen sharply, becoming competitive with fossil fuels, even without financial support. This development is helping to reduce greenhouse gas emissions and meet international commitments on energy transition.
Since its creation in 2009, CVE adopts a “win-win” approach by meeting the economic, environmental and societal challenges of its customers, whether they are companies, local authorities or farmers. We enable our customers to become fully involved in the energy transition of their business or region by investing in the development and deployment of innovative, efficient solar solutions. Our solar projects in the countries we operate demonstrate our commitment to providing clean, reliable energy that is accessible to all, thereby contributing to a sustainable energy future.
Our international locations
A multi-energy player (solar, biogas, hydrogen), CVE focuses on solar energy internationally. The group has gradually expanded its international activities, targeting countries compatible with its strategic vision of shortcircuit green energy production. Since then, subsidiaries have been established in Chile (2016), the United States (2016), South Africa (2022), and Spain (2023).
In line with its strategy, the Group has deployed direct sales contracts in these countries, with the support of experts in energy recovery. In France, we have moved towards remuneration supplement contracts and corporate PPAs via our RespeeR offering, extended to the South African market. In Chile, we operate in a semi-merchant environment, and in Spain, we operate on a merchant model. In the United States, we specialize in Community Solar contracts with our Halo Solar offering.
CVE Chile
CVE Chile operates in a high-potential market with favourable regulations, currently reaching 8.5 GW in photovoltaic capacity and targeting 22 GWp by 2029. Specializing in PMGD, the company is expanding through larger-scale ground mounted power plants, selling energy via CPPAs and utilizing battery storage technology to meet energy demands and enhance stability. This strategy positions CVE Chile as a leading player in the local renewable energy market.
MoreCVE North America
CVE North America benefits from U.S. support through the Inflation Reduction Act, promoting energy transition investments. Since its creation in 2016, CVE North has specialized in rooftops, carports, and ground mounted solar installations. With a strong focus on Community Solar markets, representing 5% of a 160 GW market expected to reach 500 GW by 2030, CVE North America founded Halo Community Solar in 2019 to advance these initiatives.
MoreCVE South Africa
CVE South Africa addresses frequent power cuts and rising energy prices by providing tailored energy solutions for the commercial and industrial (C&I) market. Specializing in rooftop, carport, and ground mounted solar installations, the company integrates these systems with existing diesel generators for better fuel efficiency. The South African C&I market, which was 1 GW in 2023, is expected to reach 3 GW by 2028. CVE South Africa offers long-term Power Purchase Agreements (PPAs) providing clients with stable, renewable energy at fixed rates, enhanced by optional Battery Energy Storage Systems (BESS).
MoreCVE España
Spain’s abundant sunshine makes it a prime market for solar energy, with a goal of 74% renewable electricity by 2030. CVE established operations in Spain in 2023, focusing on decentralized renewable energy and grid-connected solar projects under 5 MW, which are easier to implement due to local acceptance and regulatory support. The energy produced by CVE España is generated via ground-mounted solar power plants, and the company is expanding into the self-consumption market, aided by favourable policies. Their expertise in PPAs helps accelerate solar project construction, supported by a specialized Energy department developing new energy valuation models.
MoreDeveloping Solar with Respect for Environment and Communities
Land is selected with respect for the natural environment and neighbouring communities. CVE handles the entire permitting process, ensuring compliance with local bylaws and wetland protection. We collaborate with landowners to minimize construction impacts and remove panels at the project’s end. CVE engages with town representatives and participates in town meetings to address community concerns.
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CVE España initiates construction of a 24 MWp portfolio of photovoltaic projects in Aragon
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