The French energy company sold its 60.5% stake in Engie EPS to the Taiwan Cement Corporation for around €132 million.
The feed-in tariff granted reduces each quarter, in line with how much solar capacity was installed in the previous three-month period.
Construction on the solar plant is expected to begin this year. It will supply power to SNCF’s unit SNCF Energie over a 20-year period.
The chosen location is Hambach, in the northeastern region of Moselle. The planned investment is €680 million.
According to French financial newspaper Les Echos, EDF, the main shareholder of PhotoWatt, is considering closing the production in Bourgoin-Jallieu. The Auvergne-Rhône-Alpes regional council is mobilizing to save the company and announces that a regional company may acquire the module manufacturer.
The country’s cumulative installed PV power reached 10.9 GW as of the end of December. Last year, solar covered 2.9% of the nation’s electricity demand.
In the category for PV projects exceeding 5 MW, the final average price was €0.05338/kWh. The tender’s overall final average price, including smaller PV project categories, was 4.7% higher than in the previous procurement exercise.
Solar project developers in France will have until June 25, 2021, to submit their bids. Under new rules, the selected PV projects must use modules manufactured with a low carbon footprint.
French renewables specialist Enercoop has secured an annual solar power supply of 25 GWh over a 30-year period through three new deals.
French start-up Verkor is planning to build a 16 GWh manufacturing facility for EV batteries in southern France. French industry consultant Capgemini has joined the project to improve the manufacturing processes.
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