Solar-hydrogen storage project in French Guiana brings on new investor

The CEOG (Centrale Électrique de l’Ouest Guyanais) project in French Guiana announces a new equity partner. Meridiam, a leading organization in sustainable infrastructure, is acquiring 60% of CEOG alongside HDF Energy to finance and develop the project. Scheduled for a 2020 commission date, the new investor will help accelerate the development of the project, which – when completed – will provide a fixed daily output of 10 MW during the day and 3 MW at night for western French Guiana. HDF Energy, the organization behind the technology of the Renewstable project will combine a 55 MW solar PV park with 140 MWh hydrogen-based renewable energy storage capacity.