France supports 341MW of solar projects in latest renewables auction as price falls 7.4%

Facebook
Twitter
LinkedIn
Reddit
Email
A 5MW EDF solar project in France. Image: EDF/Thierry Montford.

France will guarantee tariff support to 341MW of solar projects following completion of an oversubscribed auction that featured reduced prices compared to previous rounds.

The country’s Minister of the Ecological Transition Barbara Pompili announced the results, which saw 45 ground-mounted PV parks totalling 332MW selected, with an average price €57.4/MWh (US$68/MWh), down 7.4% on France’s last auction.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

A further 31 self-consumption solar projects totalling 9MW had an average price of €13.8/MWh, representing a decline of 14%.

The ministry said the reduction in prices offered by the winning projects compared to previous sessions “confirms the drop in costs, the dynamism and the competitiveness” of renewables.

Including wind developments, the auction means additional renewable energy projects with a total capacity of 600MW will benefit from public support in the form of a guaranteed purchase tariff for electricity produced for 15 to 20 years. Another set of auctions are due to take place in November for ground-based PV and wind projects.

French renewables association Syndicat des Energies Renouvelables (SER) said the “very satisfactory” results in terms of both prices and subscribed volumes illustrates the need for long-term support mechanisms to help the country meet its climate commitments.

The results also “confirm that France is today capable of leading the energy transition and fighting against climate change based on extremely competitive renewable technologies”, the association’s president, Jean-Louis Bal, said. 

SER figures revealed that while France’s installed PV capacity reached 9.43GW at the end of last 2019, it has just four years to reach the country’s goal of 18-21GW capacity. Beyond that, the government is calling for as much as 44.5GW by 2028.

France's solar sector may be boosted by the country's new coronavirus recovery package, which will see some €30 billion spent on an “ecological transition” and will also spearhead low-carbon hydrogen production.

Read Next

July 15, 2024
The French government has awarded 179MW of solar PV in its most recent rooftop solar PV tender, half of the previous auction.
July 10, 2024
The US generated 236.12TWh of power last year, while in Germany over 12% of power was produced by solar, the highest among all G7 countries.
Premium
July 3, 2024
Demand for new solar projects and the falling cost of manufacturing could present an opportunity for European developers, such as Holosolis.
July 2, 2024
Carbon has announced plans for its next facility, a research and development (R&D) and training facility in Istres, southern France.
July 2, 2024
Stelios Psomas, policy advisor at HELAPCO looks at the current state of the solar PV market in Greece and what role energy storage plays.
June 28, 2024
Ahead of Large Scale Solar Southern Europe next week in Athens, Greece, PV Tech spoke with some of the panellists present at the event about the solar Greek market, including its challenges (curtailment, grid), policy support, and new technologies (agriPV, FPV, or green hydrogen).

Subscribe to Newsletter

Upcoming Events

Upcoming Webinars
July 31, 2024
1:00 PM (BST) / 2:00PM (CEST)
Solar Media Events
September 24, 2024
Warsaw, Poland
Solar Media Events
September 24, 2024
Singapore, Asia
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile