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Germany's Enertrag Invests $1.3 Billion in France to Reach 1 GW of Clean Energy

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German independent energy developer Enertrag will invest 1.1 billion euros ($1.28 billion) in projects in France that advance its transition to clean energy, the company said on Monday at the 'Choose France' investment summit at Versailles castle.

The company will commission at least 100 megawatts of renewable and battery storage capacity projects each year with the aim of reaching 1 gigawatt of projects in the country by 2030. Enertrag has had a presence in France for 25 years.

Some of the projects will have hybrid configurations that enhance power system flexibility and help better integrate renewable power into the grid, it's statement said.

"The development of renewable energy is entering a new phase in which our ability to integrate generation intelligently into the power grid has become central," said Vincent Masureel, Managing Director of ENERTRAG France.

Among upcoming projects, Enertrag will open a 120 MW 'hub' with a battery energy storage facility in Hauts-de-France in the north that will receive power from two separate wind farms. It will start operating in March 2027.

In southwest France in Nouvelle-Aquitaine, a 110 MW battery storage facility will be charged by three wind farms.

The company says the projects will optimize energy flow management, make more efficient use of existing grid capacity and better integrate renewable power into the system.

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