Neoen.com Reviews

Neoen - The Clean Energy Transition

Neoen develops, finances, builds and operates solar power plants, wind farms and battery storage. Headquartered in Paris, France, Neoen targets 10 GW in operation or under construction by 2025.

Neoen is owner and operator of the Cestas (300 MWp) solar plant in France, Finland's largest wind farm (404 MW) in Mutkalampi and one of Mexico's most competitive solar plants (El Llano, 375 MWp). In Australia, Neoen owns Hornsdale Power Reserve (100 MW/129 MWh) and the Victorian Big Battery (300 MW/450 MWh), both of which are among the world's most powerful battery storage facilities.

Solar Power

Using the power of the sun is a simple way to save on your electricity bill. It's also a green option, which helps to reduce your carbon footprint.

Solar panels (also known as photovoltaics) absorb the sun's energy and convert it into direct current electricity that can be used to run appliances, lights, and other electronics in your home. It's an efficient way to generate energy and can be a good option for your home or business.

A solar panel is a collection of dozens or even hundreds of solar cells that use photovoltaic technology to absorb sunlight and turn it into electric current. These cells can be installed on the roof of a house, in the ground, or on the exterior wall of a building.

Neoen owns and operates France's largest solar farm, Cestas (300 MWp), Finland's largest wind farm, Mutkalampi (404 MWp), one of the world's most competitive solar plants in Mexico, El Llano (375 MWp) and two of the world's biggest battery storage plants in Australia, Hornsdale Power Reserve (150 MW/193.5 MWh) and Victorian Big Battery (300 MW/450 MWh). It is listed on Euronext's regulated market in Paris (ISIN code: FR0011675362, Ticker: NEOEN) on the SBF 120 and CAC Mid 60 indexes.

Wind Power

Wind power is a clean, renewable source of electricity that's available in a variety of sizes from tiny stations for battery charging at isolated residences to gigawatt-sized offshore wind farms that provide electric power to national electrical networks.

Currently, wind power is a growing contributor to global electricity generation because of concerns over the cost of petroleum and the impact of fossil fuel combustion on the climate and environment. In 2016, the world's installed wind power capacity quintupled to 487 GW, putting it on pace to contribute nearly 20 percent of total world energy use by 2030.

The electricity that is generated by a wind turbine is delivered through underground cables to an existing electricity transmission network or to a transformer substation and then transported to homes, factories, schools or other electricity customers. In most cases, a single turbine produces enough electricity to meet the average needs of a home. But larger wind farms can generate much more electricity, which is why Neoen uses a combination of solar and wind power to power neoen.com.

Battery Storage

Battery storage is a crucial element in achieving the clean energy transition. While the main use of batteries is emergency backup, they can also help to integrate renewable energy sources and ensure a smooth flow of electricity in the event of grid instability.

Neoen recently launched a new virtual battery service, which allows major electricity users and distributors to mimic the functionality of a high-capacity battery without having to own or build one. In April 2022, AGL Energy became the first customer to take advantage of this offer.

In Australia, Neoen’s portfolio of battery energy storage systems is expanding, bringing its total Australian assets close to 3 GW in operation or under construction with the addition of the Western Downs Battery near Adelaide. This project, which was supported by the Australian Renewable Energy Agency (ARENA) Large Scale Battery Storage Funding Round, will ultimately be equipped with grid-forming inverter technology, enabling it to provide essential system strength services and inertia traditionally provided by baseload coal and gas power plants.

Project Development

Project development is the process of planning and implementing a project that meets specific goals and objectives. The process includes defining the scope, creating a work breakdown structure and assigning responsibilities to team members.

Developing a successful project involves balancing short-term goals with long-term visions. It also requires a clear plan that identifies all the resources you need to achieve the goals you set.

The best way to do this is by creating a timeline that shows when your team members should complete their tasks. This ensures that everyone is able to finish their work on time and with minimal disruption.

This also helps you see if the project is likely to meet its intended goals or not. If it isn't, you may need to adjust your plan accordingly. This could involve adjusting your budget, using fewer materials or incorporating additional processes to save time and money. Luckily, there are apps that make it simple to create a timeline and manage all of the information you need.