With its head office is in Paris, and in tune with the times, the group initially developed its activities in the oil industry before turning to hydroelectricity and, more recently, new renewable energies and hydrogen generation.
In the renewable energies sector, the group finances, builds and operates electricity and heat production sites in Europe from Hydroelectricity, Solar PV and Biogas.
The Group’s power plant portfolio is rapidly growing. Smart Energies plans to invest EUR 30 M equity in new projects between 2015-2017.
In relation to hydrogen generation, through its CETH2 subsidiary, the group developed highly-promising PEM electrolyser technology. In May 2014, Smart Energies, Areva and the ADEME joined their industrial and financial capacities and CETH2 became Areva H2Gen, equally held by its 3 shareholders.
2014 – Vianney de l’Estang, CEO of SMART ENERGIES, expressed his delight with this agreement:
We acquired CETH2 in 2010 to finance the first PEM electrolyser prototypes, and have supported the company over the past four years in its technical and commercial development. In a constantly and rapidly growing PEM electrolysis market, we are now delighted to be able to join forces with an industrial partner such as AREVA, with the financial support of the ADEME.