Voltalia (Euronext Paris, ISIN code: FR0011995588), international renewable energy player, announces it has been selected by the municipalities of Chamonix-Mont Blanc and les Houches for the construction and operation of a 4.5 MW run of the river hydropower plant, on the Taconnaz torrent. The electricity sales contract of the won project runs over a 20-year period.
The Taconnaz hydropower project follows the call for proposals launched on August 12, 2015 by the Chamonix-Mont Blanc and Les Houches municipalities. It is part of the Haute-Savoie Territorial Energy Climate Plan1 , which has set a 20% target of renewable energy in the region’s final energy consumption in 2020. The plant is expected to cover the annual electrical consumption of about 4,800 households2 , close to 90% of both communes’ population. The hydropower plant should be commissioned in 2019, and the secured energy sales contract secured runs over a 20-year period.
The Taconnaz torrent rises under the Mont Blanc glacier of the same name. Featuring one of the best hydro potential in the valley, the selected waterfall has been identified by Voltalia long before the call for projects. The site is already extensively developed and features a snow fence; therefore, Voltalia can benefit from existing infrastructures.
