France to cut PV FITs by 12 percent from September

Share

According to a Ministries news release, the prices that investors are guaranteed to receive from selling PV power to the central electricity supplier EDF shall be decreased from as early as September 1, to between 37 and 51 euro cents per kWh for building integrated solar systems. For ground mounted installations, the tariffs will fall to prices ranging from 27.6 to 35.2 euro cents, depending on the geographical region.

The Ministry cited the huge demand for PV systems in France and the financial impact it will have on electricity as the main reasons for changing the tariff.

Projects with a total capacity of more than 3,000 MW are already waiting to receive permission to produce and sell solar power: this accounts for more than half of the scheduled PV power capacity for 2020. According to the French National Renewable Energy Action Plan released this Monday, Paris wants to install 5,400 MW of PV power in 2020. By the end of this year, total installations in France are projected to reach around 850 MW.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.