Applus+, through its Energy & Industry Division, boosted its revenue by 26% in the field of
renewable energy in 2018, as compared with the previous year. This demonstrates the company’s commitment to this sector as a strategic cornerstone of its
inspection activities going forward.
Thus, the Group increased its renewable energy revenue in 2018, with wind and solar technologies seeing a particular surge. More than 80% of global growth in renewable energy technologies over the coming years will be in the areas of wind and solar power, according to the International Energy Agency.
As such, the renewable sector, headed by wind and solar technologies, represents one of the Group’s key drivers of growth. This is especially the case since 2017, when a new business development area was created for renewable energies. Applus+ subsequently launched, in September 2018, a global renewable energy business development plan for the whole Energy & Industry Division.
Particular highlights are our achievements in solar photovoltaics, a field in which we won contracts totalling more than 700 MW during 2018. These projects include the provision of owner
engineering,
construction supervision and technical assistance (QAQC) and commissioning support, in countries as wide-ranging as Spain, Egypt, Mexico and Malawi.
The company also took on other new renewable energy projects last year in countries including Russia and Australia. This is in addition to its ongoing projects in geographies such as Mongolia, Brazil and Panama.
For Applus+, these projects represent the fusion of renewable energies with technological innovation. They also contribute to internationalisation, as well as environmental and economic development in a high-potential industry that will, according to the International Energy Agency, experience the fastest growth in the energy sector to fulfil 30% of energy demands by 2023, as opposed to 24% today.