France announces two new PV tenders for 1.2 GW
Between August 19 and 30, the ground-mounted PV tenders will accept up to 925 MW of projects, in parallel with the building-mounted PV call for tenders, between August 26 and September 6, which aims for a total capacity of 300 MW. The latter marks the end of the carbon footprint requirements based on life cycle analysis (LCA) in favor of a “country mix” approach.
Strong growth predicted for Middle Eastern solar PV
The Middle East, and the Gulf in particular, has been home to record low solar tariffs in recent years. Major projects are being awarded via tenders, with prices gradually closing in on a remarkable 1 USDct/kWh. Of course, this is no coincidence due to the region’s favorable solar conditions: availability of cheap and sunny desert land, low labor costs, cheap project financing, supportive tax regimes, large projects benefitting from economies of scale, well designed tender structures, and decreasing PV component prices.
Analysis of France’s CRE4 PV tenders and their impact
This year will witness the end of the French program for PV tenders known as “CRE4”, which began in 2016. To date, they have enabled over 7.2 GW of solar capacity to benefit from a subsidized tariff (feed-in tariff or feed-in premium). A few months before the last CRE4 tenders and the launch of the PPE2 (or CRE5), Finergreen evaluates their impact on the French solar industry.
