Cap Vert Energie is currently expanding its energy mix into microhydro. Decentralized by nature, hydropower falls squarely within the CVE Group’s vision of producing renewable energy close to where it is consumed in a direct-sales model. Carbon-free, decentralized hydropower meets the new societal expectations of users, who are increasingly interested in consuming zero-emissions power that is locally produced.
The Group’s strategy in hydropower depends on first acquiring operating plants, then developing and building new hydroelectric plants that are managed in-house. For its new hydropower business, the Group aims to operate over 20 MW of power generation by 2023.