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The adventure starts with Perfect Wind

In 2003, Eric Scotto and Patrice Lucas combined their talents to found the company Perfect Wind. With the construction of their first 57 MW wind farm in 2004, Perfect Wind already accounted for a third of the French market at the time and ranked among the future leaders in renewable energy right from the start. In 2006, they sold Perfect Wind France to Iberdrola while retaining the subsidiaries in Turkey and Poland.

Perfect Wind

Creation of the activist company Akuo

After this first experience, the two co-founders Éric Scotto and Patrice Lucas teamed up to create Akuo. Their idea was clear: “Today, we have a duty to take action to leave a better world for our children. In this respect, renewable energies have incredible potential for development in France and throughout the world.”

With a true vision and firm beliefs, these two pioneers of renewable energy founded Akuo in 2007.



Akuo - A strong, symbolic name

Akuo originally symbolizes a mythical Japanese era: the Hakuhō imperial period (白鳳時代 Hakuhō jidai). This historical period particularly saw a political, artistic, social and spiritual revival at the end of the 7th century.

Hakuhō is also the name of a mythological bird that rises from its own ashes: the white phoenix.

It is therefore a symbolic reference offering an eternal vision of virtuous, infinitely-renewed energy.


Akuo branches out and creates Agrivoltaics

A forerunner when it comes to innovation, Akuo launched a new concept, agrivoltaics, in response to the necessary energy transition and the need to initiate the agricultural transition.

Reunion Island was chosen for this innovation, as it had only a small agricultural surface area and could not afford to devote it solely to generating electricity. Combining farming and a solar power plant was the ideal solution: a solution that promotes organic crops and local know-how while producing green power.


Le concept d'agrivoltaïsme

Akuo sets up a Venture Capital Firm

Given the company’s rapid growth, the co-founders decided to create a vehicle dedicated to structuring the equity of the project companies (SPV) operated by Akuo. They knew that the company’s success would also require full command of the financial tools available in a very capital-intensive industry.

Commissioning of the first plant using SUNSTYLE® solar tiles

In 2008, Akuo commissioned the first part of the company’s first solar power plant to use SunStyle® solar tiles, at Saint Charles International logistics hub in Perpignan: with its 9 MW

capacity and 68,000 m2 (732,000 sq ft) of tiles, this achievement by Akuo (completed in 2011) became a world-class example of building-integrated solar power generation. By opting for solar roofs, which are not only efficient but also much more elegant, the logistics site meets the energy needs of more than 2,000 homes.


Les premières tuiles solaires

Start of Akuo’s geographical expansion

Akuo opened its first office abroad, in Poland.


Premiers bureaux en Pologne

Birth of the Akuo Foundation

First Green Bond

The same year, Akuo innovated with the issue of the first listed bond in France dedicated to the Renewable Energy sector (euroPP).


Premier emprunt obligataire

Under the aegis of the Fondation de Luxembourg, the Akuo Foundation undertakes and supports non-profit, sustainable development projects, by giving its partners the possibility of engaging with it to help the underprivileged and protect the environment worldwide.

Naissance de la fondation akuo

Akuo sets up in Uruguay

FLORIDA 1 was the Akuo Group’s first wind project. With a capacity of 50 MW, it marked Akuo’s first steps in Latin America.


Implémentation en Uruguay

Technological diversification: Storage as a future pillar of renewable energy

In 2014, Akuo became a pioneer in energy storage, commissioning the first four solar power plants on Reunion Island and Corsica combined with 29 MWh of storage capacity. Whatever the weather conditions, these plants allow for stable and continuous injection of electricity into the islands’ grid, where more than 35% is now of renewable origin.


le stockage comme futur pilier

Geographical diversification: Akuo commissions a 42 MW wind farm in Croatia

The Ogorje wind farm was Akuo’s first wind farm to start operating in Central Europe, in the Split region of Croatia. This truly European project involved more than 500 people of eight different nationalities: Croatian, French, Slovenian, Bosnian, German, Austrian, Greek and Danish.


In parallel to its commissioning in December 2015, a local office was created for the maintenance of the project, in addition to Akuo Croatia’s headquarters in Zagreb, which manages the Group’s development in the Balkans.


Eoliennes en Croatie

DEMAIN, the award-winning film

Cyril Dion and Mélanie Laurent released their documentary DEMAIN, spotlighting Akuo’s achievements in agrivoltaics on Reunion Island.



The first PPAs signed in the USA

Akuo signed a Power Purchase Agreement with Western Farmers Electric Cooperative for its 30 MW Sterling wind farm in New Mexico (USA).


Eoliennes aux USA

Diversification and direct power sales

In addition to financing, building and operating power plants, Akuo began selling its 100% green energy on the market in 2016: the three hydropower plants in Bulgaria were the first to join this new field of expertise.


Diversification et vente de l’électricité


Akuo launched AkuoCoop, a crowdfunding platform that allows citizens and businesses to invest in renewable energy production assets while benefiting from the expertise and know-how of Akuo’s teams.

Akuo coop

Technological diversification: Akuo launches Aquanergie®.

Aquanergie installations, consisting of shade houses with semi-photovoltaic roofing built over fish-rearing ponds, have several advantages, which were first showcased through the Les Cèdres project on Reunion Island.



Geographical diversification: Akuo sets foot in Africa

In October 2017, Akuo launched the construction of a 50 MWp solar power plant in Mali. Located approximately 200 km west of Bamako, it is the largest solar farm in operation in West Africa.


Diversification géographique

Technological diversification: Floating Solar

Akuo began construction of the O’MEGA1 project in Piolenc (Vaucluse, south-east France): with a capacity of 17 MWp, it was the first floating solar plant in France and the most powerful in Europe. A 5 MWp extension will be commissioned on the site in 2022.


le solaire flottan

The new financing solution, MAIF Transition fund

MAIF, a militant insurance company, and Akuo set up a fund with the ambition of financing a project in each of the French counties, both in mainland France and in the French overseas territories. The fund is designed for all agricultural sectors and aims to foster the emergence of innovative projects, methods and know-how in the multi-use of land.


Lancement Maif Transition

Akuo expands into the Dominican Republic

Akuo commissioned its first wind farm in the Dominican Republic. This 50 MW power plant significantly contributes to the country’s energy transition and has become a model for the whole Caribbean region.


Akuo en République dominicaine

First agrivoltaic power plants in New Caledonia

Akuo deployed the first agrivoltaic greenhouses in the Pacific. This innovative system combines market gardening and solar power generation. The farm produces 2 GWh of electricity per year, equivalent to the consumption of 600 homes, and approximately 200 tons of market garden produce.


Centrales agrivoltaïques en Nouvelle-Calédonie

More and more Megawatts

Akuo commissioned a 132 MW power plant in Poland, another 93 MW plant in the USA, and a 19 MWh storage facility on Martinique.


Toujours plus de MégaWatt

Explaining and engaging

Arnaud Leroy, CEO of the French Agency for the Environment and Energy Management (ADEME), and Eric Scotto, together with their respective teams, wrote the book “Renewable Energy for Dummies” published by Editions First.


 Les énergies renouvelables pour les nuls

Accelerating development

Akuo consolidated its strategy to speed up operations with the help of ICG Infra, the infrastructure fund of asset manager ICG.


Accélération du développement

Bigger and bigger turbines

In 2022, in partnership with Tonga Power Limited, the public grid operator in Tonga, Akuo commissioned the largest energy storage project in the South Pacific. It is the region’s largest storage facility, with a total capacity of 29.2 MWh / 16.5 MW.


Tonga Power Limited

Des turbines toujours plus grandes

Akuo installed a 336 MW wind farm: this power plant is a milestone for the Akuo Group, which is the first to install and operate the Vestas V162 next-generation wind turbines. They measure 119 meters and are the biggest turbines currently installed in the USA.


Turbines Vestas V162

“Akuo Militant 2024”: sustainable actions!

Building on the success of its previous crowdfunding campaigns, AkuoCoop, the Group’s crowdfunding platform, is launching a new campaign “Akuo Militant 2024”. In less than three months, Akuocoop raises over 1.8 million Euros


Akuo Militant 2024