Steps Toward the Energy Transition
- All over the world, the race is on to reduce carbon emissions and stem climate change. At Boralex, we develop, build and operate renewable energy assets aiming to meet this challenge by producing renewable energy at the lowest possible cost.
- We have a range of competitive production methods (wind and solar farms — both ground-mounted and floating, agrivoltaics and small hydroelectric power stations) and energy storage solutions designed to meet the needs of companies and communities alike.
Continuous Innovation and Improvement
We implement innovative solutions at all stages of our production process, from development to operation, in order to maximize value creation for our clients and stakeholders.
Continuous improvement through analysis and implementation of best practices is an integral part of our operational model, allowing us to adapt to changing circumstances and achieve our strategic goals more easily.
A Unique Platform
with Experts at Every Stage of the Energy Value Chain
01.
Prospecting and Project Development
Renewable energy project development always starts with detailed terrain mapping to identify the sites with the greatest potential. Throughout the project development phase, we meet with local stakeholders, including elected officials, residents and associations, to build strong, lasting relationships. We study local political, social and environmental caracteristics to ensure that our projects are thoughtfully integrated into the surrounding communities.
02.
Project Financing
As soon as the development stage begins, we start working on a financial strategy that will allow Boralex and its partners to plan a viable long-term project.
Our dedicated project financing team works with third-party lenders to identify innovative financing options that will provide Boralex the most flexibility. By ensuring the profitability of our projects throughout their life cycles, these financing instruments promote Boralex’s sustainable long-term growth.
03.
Construction
We transition from development to construction seamlessly, ensuring that our partners and stakeholders continue to have the same point of contact as in the earlier stages. In addition to complying with the strictest construction quality and safety standards, we take care of our workers, the environment and the surrounding community.
We oversee every step, from installation through commissioning, always prioritizing efficiency, regulatory compliance and the proactive management of challenges.
04.
Long-term Operation and Management
Site operation is a long-term process, lasting a minimum of 20 years. We manage operations proactively and efficiently, focusing on infrastructure performance.
Environmental monitoring is in place from commissioning onwards, to keep track of the site's ecological performance. Moreover, our asset control centers, operational 24/7, guarantee maximum availability of facilities.
We also nurture trust-based relationships with local communities, and are committed to maintaining a high level of service throughout the life of our projects.
05.
Contributing Further to the Value Chain
We remain attentive to our clients’ needs and strive to offer a range of tailored energy services with a view to supporting off-takers in advancing their own sustainability objectives and energy supply strategy.
06.
Repowering: End-of-life Asset Management
We use innovative technologies to repower existing installations once they reach the end of their life so that our sites can continue to produce energy.
- This approach maximizes energy production while responding to changing needs and standards, contributing to the continuous improvement of our projects.
Health and Safety First
Occupational health and safety are not merely a priority — they are non-negotiable. Our commitment is to safeguard our employees’ well-being, wherever they are in the world, by providing a healthy and safe work environment.
