PerPetum Energy and SOCOFE announce a new capital injection into Green for Power, their joint renewable energy investment platform. This operation aims to finance a pipeline of nearly 100 MWp of ready-to-build projects, while preparing the organisation for a new phase of growth. 

After their partnership was sealed in 2022, with SOCOFE acquiring a 30% stake in Green for Power, both partners reaffirm their shared ambition: to develop 500 MWp of capacity by the end of 2026, in Belgium and neighbouring countries. 

But beyond financing, this step also marks a strategic evolution in the group’s structure. Faced with increasingly diverse projects – combining solar, battery storage, EV charging stations and other decarbonisation solutions – Green for Power is adopting a more agile and adapted organisation. This new structuring aims to optimise the development, financial engineering and operational management of multi-energy projects, often spread over complex sites or integrated into existing infrastructures. 

With this financial and structural reorganisation, Green for Power aims to play a key role in the energy transition, supporting businesses and regions in their journey towards more sustainable, local and competitive energy. 

“With these additional resources, we want to intensify our action and support industrial companies in Belgium and neighbouring countries more effectively in their decarbonisation journey.. Our focus is on developing large-scale solar projects combined with battery systems and EV charging infrastructure, all managed by our proprietary Energy Management System (EMS). This offers maximum value, flexibility and energy security to industrial clients.”
— Luc Leenknegt, CEO of PerPetum Energy 

“With Green for Power, we are reaching a strategic milestone: delivering projects that are more integrated, smarter, and serving sustainable, competitive and local energy. This new phase confirms the strength and relevance of our partnership with PerPetum Energy and reflects our shared ambition to build innovative solutions to today’s and tomorrow’s energy challenges, especially for businesses.”
— Jean-Marie Bréban, CEO of SOCOFE 

With this new milestone, PerPetum Energy and SOCOFE together confirm their role as catalysts of a carbon-neutral industrial future in Belgium and neighbouring countries. 

About Green for Power 

Green for Power is a catalyst for the energy transition, co-founded in 2016 by PerPetum Energy and joined in 2022 by SOCOFE, which now holds 30% of its capital. 

As a committed player in industrial decarbonisation and renewable energy production, Green for Power develops, finances, builds and operates local energy transition projects. Its integrated model covers engineering, financial structuring, operational follow-up and maintenance. 

With a portfolio of 200 MWp operational installations – 75% located in Wallonia – Green for Power enables businesses and public entities to benefit from sustainable energy without upfront investment, via long-term contracts providing stability and predictability. 

Supported by this new capital injection, Green for Power strengthens its commitment to Belgium’s and Wallonia’s climate goals, while preparing its development beyond national borders. 

About SOCOFE 

SOCOFE is the investment arm of Walloon local authorities for the environmental transition. It mobilises its expertise to ensure citizens and businesses benefit from reliable, competitive and sustainable energy while supporting the evolution of energy infrastructures. 

In the face of climate challenges, SOCOFE identifies and supports high-impact investment projects that drive economic growth in Wallonia.  

Through its participation in Green for Power, SOCOFE strengthens its role as a key player in Wallonia’s energy transition. 

We’re thrilled to announce that Perpetum has officially acquired Pulsar Power!

Our CEO Luc Leenknegt and new Chief Technical Officer Guy Vandendungen shared their exciting vision about the acquisition of Pulsar Power in an interview with De Tijd. They opened up about the company’s future plans, ambitions, and the strategic decisions driving their growth.

Luc Leenknegt, CEO of PerPetum Energy: “By integrating the expertise of Pulsar Power, we can bring our shared vision to life: to support companies even more effectively in their decarbonization journey with a holistic approach.

Guy Vandendungen, CEO of Pulsar Power: “Perpetum allows us to provide a full solution. Together, we’re making the transition to CO2-free energy more attractive than ever.”

PerPetum Energy is on a mission to help companies thrive by reducing energy costs through the power of renewable energy.

Read here:

https://www.tijd.be/ondernemen/milieu-energie/perpetum-wil-via-hernieuwbare-energie-onze-bedrijven-competitief-houden/10587281.html

https://www.made-in.be/oost-vlaanderen/perpetum-versnelt-energietransitie-met-overname-van-antwerpse-pulsar-power/

 

The official inauguration of the Hélios solar park in Jemeppe-sur-Sambre took place on 26/09/2024. The facility was commissioned on 04/09/2024, a symbolic date as it marks the start of construction exactly one year earlier.

The sun may not have blessed us with its presence, but we were fortunate to have Sophie Wilmès, Vice-President of the European Parliament, Cécile Neven, Walloon Minister for Energy and the Air-Climate Plan, Denis Mathen, Governor of the Province of Namur, and the CEOs of INEOS INOVYN and Perpetum Energy, Geir Tuft and Luc Leenknegt.

 

The Hélios solar park project will provide 60MW of renewable electricity and reduce emissions by 14,000 tonnes of CO2 annually.

Press news:

PerPetum Energy is constructing a customized solar carport with white round columns & full black solar panels where esthetics and technical engineering go hand in hand.

  • Power: 1114 kWp
  • 24 charging points are installed

We execute our construction site in 2 phases so that disruptions on our parking lot are kept to a minimum.

Next to the parking, we are building a ground-mounted solar installation in an adjacent meadow of AZ ZENO. A sufficient height has been taken into account for the green keeping by sheep.

(1) Interview of Jo Dendauw, Facility Director AZ Zeno

 

On february 2024, 24.000 of the 90.000 pannels already installed. This facility will be the largest in Wallonia!  Work is progressing rapidly, and the commissioning is expected in July 2024.

The INOVYN – JEMEPPE-SUR-SAMBRE project will provide 60MW of renewable electricity and reduce emissions by 14,000 tonnes of CO2 annually.

Luc Leenknegt, CEO and founder of PerPetum Energy said, ‘We are proud to contribute to INEOS Inovyn’s environmental objectives. This project is totally in line with PerPetum Energy’s mission: to help industrial companies and large consumers to reduce the carbon footprint of their consumption as much as possible, by offering them an optimised mix of multi-technology solutions such as photovoltaics, wind power and energy storage.’

They talk about us:

 

On December 12, 2023, the commissioning of the photovoltaic installation in Marche-Les-Dames, owned by the Lhoist group, took place. Comprising 6,831 panels and covering an area of about 4.4 hectares, this park will produce 4.7 MWh per year (equivalent to the consumption of 2,300 Walloon households). About 80% of the energy produced by the park will be directly consumed by the Marche-Les-Dames factory, helping to avoid the emission of 2,100 tonnes of CO2 per year.

The photovoltaic carport at Pairi Daiza received the Public’s Choice Award for Sustainable Infrastructure 2023 at the Green Solutions Awards ceremony, held on September 19 at the Tour&Taxis site in Brussels.

The Green Solutions Awards are prizes awarded by Construction21, the network for information and networking among players in sustainable construction.

This is both an encouragement and a source of pride for the teams at Prefabois, Perpetum Energy, and Green4Power, who have been working for years with Pairi Daiza’s Energy & Sustainable Development department on this solar installation, the extension of which will soon be commissioned.

As the winner of this Green Solutions Award received on September 19, the Pairi Daiza solar carport will automatically participate in the International Grand Prix for Sustainable Infrastructure, held during the COP28 climate conference in Dubai from November 30 to December 12, 2023.

Perpetum Energy, Prefabois, Green4Power, and Pairi Daiza also hope to impress the international community with what is currently the largest solar carport in the world.

       

Perpetum Energy, in partnership with Q-Energy, Solutions30 Group, and Ciel&Terre International, is proud to contribute to the construction of the largest floating installation in Europe. This installation will be built on the site of former gravel pits owned by the Etablissements Blandin, located in France, in the Haute-Marne department, and will be spread across 6 islands.

  • Number of panels: 135,000
  • Surface area: 127 ha
  • Power: 74.3 MWp

This floating park will provide electricity to the equivalent of 37,000 residents and will help avoid the emission of approximately 18,000 tonnes of CO2 into the atmosphere each year.

All details can be found in specialized, regional, and environmental press.

Article Capital.fr: Q Energy va construire le plus grand parc solaire flottant d’Europe avec Solutions30 – Capital.fr

PV Magazine FR: Q Energy débute la construction en Haute-Marne du plus grand parc solaire flottant d’Europe – pv magazine France (pv-magazine.fr)

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The project initiated by the City of Soignies in 2020 is now set to come to life. This “photovoltaic island,” composed of panels installed on the water body of the Perlonjour quarry, will generate renewable electricity while contributing to the local energy transition.

To carry out this ambitious and innovative project, Soignies is partnering with the citizen cooperative CLEF and the investment fund Green for Power SA (G4P).

Specifically, 12,500 photovoltaic panels will be installed on the water body of the Perlonjour quarry in 2024. Covering an area of 28,986 m², the park will be the size of four football fields, making it one of the largest floating photovoltaic parks in Wallonia.

With a maximum capacity of 6.124 MWp, its annual production is estimated at 5,695 MWh/year, which will supply renewable electricity to the equivalent of 1,630 Walloon households.

Priority for the residents of Soignies

The project has now passed all the steps needed for its realization: obtaining a single permit, acquiring the land rights for the quarry (owned by HOLCIM), and finally, through a public tender, the selection of the citizen cooperative CLEF and the investment fund G4P (owned by SOCOFE and Perpetum Energy BV) for the construction and operation of the park.

“As a signatory of the Covenant of Mayors, the City of Soignies is committed to fighting climate change and implementing sustainable energy policies,” says the Mayor, Fabienne WINCKEL. “We are committed to achieving—and even exceeding—the European CO2 reduction goals and developing renewable energy on our territory. The photovoltaic island project is fully aligned with this approach, while allowing citizens to contribute to the local energy transition.”

Interested citizens can now come forward to become co-owners. It should be noted that the municipal council has required the future cooperative to give absolute priority to the residents of Soignies. They will be the ones who can purchase shares first. Beyond this initial priority, the project will then be open to other investors.