Urbasolar, a strategy for profitable growth


Urbasolar continues its profitable growth with 84.5 M€ in turnover, an 18% increase, and 16.3 M€ in EBITDA earned by April 30th, 2017 from its project development, photovoltaic power plant construction, park maintenance, and electricity production activities.
The group is in line with objectives posted at the beginning of 2015 to double activity in 3 years, for 100 M€ in turnover in 2018.
Dependable in its success in governmental calls for offers since 2014, the group reinforces its position as a leader and expert in the photovoltaics sector. Its results in France and in non-interconnected zones (ZNI) are confirmation of that, with more than 100 MW won since the beginning of 2017 and numerous winning projects in each session for parking canopies, ground-mounted and building-mounted photovoltaic power plants, and even photovoltaic greenhouses. Its share in the market of large capacity power plant connections to the grid reinforces its leadership with 19.6% of the photovoltaic capacity connected in France in 2016, and 17.2% in the 1st semester of 2017 [source: Enedis].
Urbasolar also possesses an order-book of secured orders from more than 2 years of activity (with projects holding a kilowatt hour feed-in tariff) and a portfolio of more than 700 MW of projects in France and internationally.
On these solid foundations, the Urbasolar group forecasts accelerating its growth within the framework of its 2020 plan, growth that involves all its segments of activity in France and internationally.