Smalt ENR Fund has invested €5 million in Soleil du Sud to enhance its solar energy operations in the Var department, supporting the expansion of renewable energy initiatives.

Target Information

Soleil du Sud, established in 2009, is a regional company based in the Var department that specializes in the design and operation of photovoltaic installations. With a growing team of around thirty employees, the company aims to become a leader in sustainable solar energy production in the Provence-Alpes-Côte d'Azur region. Committed to its objectives, Soleil du Sud is focused on accelerating its growth and expanding the deployment of solar energy solutions across the Var territory.

Industry Overview in France

The solar energy sector in France has seen significant growth in recent years, driven by government incentives and a strong push towards renewable energy sources. The country has implemented various policies to support the development of solar power, including feed-in tariffs and tax credits, which have encouraged both residential and commercial investments. This supportive regulatory environment positions France as a key player in the renewable energy market within Europe.

In the Var department specifically, the sunny climate and favorable conditions for solar energy projects make it an attractive region for solar companies. Local initiatives aimed at promoting green energy have further encouraged