Entech in Quimper. Growth was driven by renewable energy sources
Maude Duval, 04.01.2023
Born as a startup in 2016, Entech quickly transformed into an SME with a rapid growth rate. Listed on the stock market five years after its launch, the Quimper-based company has shown growth exceeding 100% as a recruitment curve… At the end of December, this technology company specializes in the storage and smart management of renewable energies. Engie has confirmed an order from Laborelec to install a battery storage system at the European Offshore Energy Center on the Isle of Edey, Scotland.
Even if the business plan shows an ambitious trajectory, ” everything went faster than expected smiles Christopher Franquet, CEO of Entech smart energies. It was established in 2016 in Quimper (29). In less than ten years, the company has become one of the European leaders specializing in the conversion, storage and intelligent management of renewable energies. The young company is mastering all parts of the energy sector, which has long been considered an alternative and today inflates itself with significant growth prospects. ” We are at the beginning of an energy transition, and everything will change very rapidly in the next ten years » Christopher Franquet, whose projects were called for expertise within the framework of the France 2030 ministerial commission, focused on the study of the evolution of renewable energy production means and their transformation into electrical networks. Clear recognition in relation to his professional field. ” Within Entech, we are working on ambitious projects to develop the energy complex and the industrialization of the ENR sector. The engineer explains, a bit advanced in this sector.
Unlocking the potential of renewable energy
Entech, a developer of new energies, designs, builds and operates generation facilities and storage systems (batteries or hydrogen) connected to the main grid (70% of Entech’s operations) or other autonomous systems (“off-grid”). ” Our role is to unlock the potential of renewable energy », Christopher Franquet explains. In five years, the Quimper-based company has implemented more than 250 projects worldwide. Listed on the stock exchange, showing 120% growth in 2021, reaching 20 million euros in turnover as of March 31, 2022, and passing the milestone of 100 employees!
Behind this success, three acronyms carry the development of Entech: R&D, HR and CSR. ” These are the keys to our vitality “, the CEO emphasizes. 15 percent of the workforce is engaged in R&D, An Entech plant that guarantees progress, most often in containerized integrated storage solutions and innovations that will increase the share of renewable energy in our operations. Its order books are already filled with more than €35 million worth of projects over the next seven months. ” We are increasingly working with industries that choose photovoltaics to ensure their autonomy to counter the evolution of energy prices. Scales are in process and we are in high demand. Hydrogen projects are also carried out with companies and local authorities committed to creating added value.
Whether in France, abroad or in Africa – the company regularly installs closed networks to ensure the energy independence of isolated areas -, Entech is expanding internationally. ” It is an important source of growth that shows our individuality and individuality. “, the CEO emphasizes.
Development strategy in France and Europe
Who says growth says vital forces and recruitment is a constant theme at Entech. From its two founders, Christopher Franquet and Laurent Meyer, the company initially had 45 employees in 2019, then 100 in 2022, and expects to have 130 employees by the end of that year. ” We open 4-5 positions per month “. To increase its attractiveness and the evolution of market shares, Entech began to open agencies in large cities and towns of France. : Lyon and Vannes unveil this development strategy, new announcements coming soon” In France and Europe “he teases the leader.
The latter also reshuffled the board to support this growth and compensate for the recent departure of partner Laurent Meyer for personal projects. Jean Blavot has been appointed operations director and Gaël Le Goc in charge of CSR and communications. “Entech is a company that positively impacts areas through developed solutions and created local employment. This is our reason and to continue to develop Christopher Franquet emphasizes that the company was rated 77/100 by the Gaïa Research agency, which specializes in evaluating the ESG performance of companies listed on European markets.
The portrait was published List of Breton companies 2022-2023available online.
updated with the latest results posted by the company on December 27, 2022.