The retroactive FIT cut proposed by the Ministry for the Ecological Transition has now reached the French parliament. Around 300 companies of the PV sector have asked the MPs to reject a measure that could destroy investor confidence for years.
The cuts concern installations with capacities above 250 kW. The Ministry for the Ecological Transition said such projects account for just 0.3% of all contracts signed between 2006 and 2010. The targeted savings are between €300 million to €400 million. But Enerplan, the nation’s PV association, has described it as an “attempt by the government to force its way.”