First megawatt-hours delivered by Sarimay Solar, a 126-megawatt solar plant in Uzbekistan Voltalia (Euronext Paris, ISIN code: FR0011995588), an international player in renewable energies, announces the first megawatt-hours of its 126-megawatt solar power plant located in Sarimay, in the Khorezm region of Uzbekistan. This milestone marks a decisive step towards the full commissioning of the site, with construction launched in May 2024 now reaching its final stage Awarded through a public tender in December ...

Core Insights - Voltalia reported a turnover of 147.7 million euros in Q2 2025, representing an 11% increase compared to Q2 2024, with a 16% increase at constant exchange rates [2][8] - Energy production increased by 13% to 1,257 GWh in Q2 2025, driven by higher resource levels in Brazil and increased operating capacity [10][34] - The company is finalizing its SPRING strategic plan, aimed at enhancing competitiveness and agility in the rapidly evolving renewable energy sector [3][24] Financial Performance - Q2 2025 turnover breakdown: Energy Sales at 81.7 million euros (down 13%), Services at 65.9 million euros (up 69%) [4][8] - First-half 2025 turnover reached 257 million euros, up 9% at current exchange rates, with Energy Sales down 9% and Services up 50% [7][12] - The average EUR/BRL exchange rate was 6.30 in H1 2025, compared to 5.49 in H1 2024, impacting turnover [9] Operational Indicators - Energy production for H1 2025 was 2.4 TWh, a 14% increase despite curtailment in Brazil [6][29] - Total capacity in operation and under construction reached 3.6 GW, a 10% increase compared to 2024 [29][35] - Capacity operated for third-party clients increased by 20% to 7.7 GW [6][17] Services Segment - Services turnover for Q2 2025 was 65.9 million euros, with Development and Construction turnover at 57.8 million euros (up 79%) and Operation and Maintenance at 8.1 million euros (up 23%) [14][15] - The company has initiated the winding down of its Equipment Procurement business segment, affecting turnover restatements [39] Market Context - The renewable energy market is experiencing rapid changes, and Voltalia aims to leverage these challenges for sustainable growth [3][24] - The company is actively addressing curtailment issues in Brazil, which amounted to 268 GWh in H1 2025, representing 14% of Brazilian production [18][19]