You are here: Home Press clips

Séchilienne Sidec's growth strategy to focus on energy production coming from biomass

Usinvestor.com, January 30th

Jacques Petry, Chairman and Chief executive officer of Séchilienne Sidec, has announced today that the group intends to focus its growth strategy on its core business: producing electricity from dual biomass (bagasse) and coal combustion. The group will concentrate its efforts on developing the energy value of biomass, a natural resource of the future, while pursuing its complementary offer in the solar energy activity.
For the past 20 years, Séchilienne Sidec has developed together with sugar producers, a unique expertise in hybrid biomass combustion and has become n° 2 in France in terms of producing electricity from this energy source. Using strict project funding criteria, the company now intends to export this partnership model to a select number of countries. This deliberate international development will be focused primarily on the sugar industry but also on other agro and food industry players that are significant biomass suppliers.
In addition to its thermal power stations, the group also holds high-quality solar energy assets and is ranked n°3 in France with 70 MW of installed capacity. The group will therefore continue to develop its solar electricity expertise and will benefit from synergies with its core business.