Previously announced in February, the French government has confirmed PV power plants will be eligible to receive a 10% bonus on top of the feed-in tariff if at least 60% of the installation’s modules are made in Europe. The law will come into effect shortly before the first round of presidential elections in April.
The Elysée Palace boasts its support of the French solar industry having extended its support to EDF-Energies nouvelles following the company’s recent purchase of Photowatt.
President Nicholas Sarkozy said, “France is committed very strongly in favor of solar energy and strengthening the industrial sector associated with it. In this context, the acquisition of Photowatt was more than a duty, a necessity.”