Charwood Energy: Half-year turnover of €2.5 million, up +67%

Charwood Energy, a French player in the energy recovery of biomass, has announced half-yearly revenue of €2.5 million, marking a 67% increase compared to the first half of 2023. This increase includes the proportional integration of 40% of the activity of LG Concept, a stake acquired in October 2023.

The turnover comes mainly from the design, construction and installation of tailor-made energy solutions for farms, industrialists and communities.

Notable projects of the semester include the modernization of a heating installation in Ille-et-Vilaine and the inauguration of a gasification demonstrator in Colpo.

Charwood Energy has also increased its production capacity at Saint-Nolff in Brittany, bringing its total surface area to 1,750 m². The secured order book stands at €4.4 million, to be delivered by 2025.