Turnover: 170 million EUR (2022)
Country: France
- Founded in 2008, the REDEN Group is an independent producer of renewable photovoltaic energy, focusing on the development, construction and operation of solar power plants worldwide.
- REDEN is present in 8 countries: France, Spain, Portugal, Italy, Greece, Chile, Mexico and Puerto Rico.
- More than 730 sites in operation
- 150 employees
News
Solar: Reden expands internationally 11/05/2023
- Reden start-up date: 2017
- Investment in new solar panel production line: 4 million euros
- Reden's production costs higher than those of major Asian manufacturers: 6% to 8%
- Production capacity of future line: 300,000 new-generation 600-watt panels
- Current number of employees: 170
- Total capacity developed by Reden at 750 sites: 950 megawatts (MW)
- Planned investment by Reden in 2023: 300 million euros
- electricity generated by the four photovoltaic power plants for SNCF from 2026: 207 gigawatt-hours (GWh) per year
- Development target from 2025: 1 gigawatt (GW) per year Sales in 2022: 170 million euros
- Expected sales in 2023: 200 million euros.
Reden invests 4 million in a photovoltaic panel production line at Roquefort 28/04/2023
- Independent producer of renewable energy
- Investment of 4 million euros to build a new photovoltaic panel production line by the end of 2023.
- Current production capacity: 65 megawatts.
- Planned post-investment production capacity: 300,000 modules per year, for a total output of 200 megawatts.
- Reden currently employs 172 people in eight countries, with plans to reach 200 by December.
- 7Valuation of Reden at 2.5 billion euros when acquired in 2022.
- Reden Ebitda of 143 million euros in 2022.
Studies mentioning this company
The solar panel market - France
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