France is looking to deploy 3GW through its auction programme. The 300MW Cestas project was constructed outside the programme with a 20-year PPA in place with EDF.
France has approved 103 large-scale solar projects totalling 720MW in the latest phase of its 3GW deployment plans.
The winning bids averaged €58.2/MWh (US$67.5/MWh) a drop of 5% from the previous bidding round. February 2018’s capacity was awarded at a price of €61.6. The larger projects (5-30MW) averaged €52/MWh. ENGIE was among the big winners in the auction.
More than a third of the awarded capacity is in the northern part of the country.
“All French regions can benefit from the large-scale development of solar photovoltaics,” said Nicolas Hulot, France’s minister for ecology and sustainable development. “The energy transition is now taking place everywhere, in all territories. This is made possible in particular by the increase in volumes and the bonus on the environmental relevance of the site set up in this call for tenders,” he added.
The next two auctions will be for 850MW each.
The winning projects can be viewed in full here.
Dec 15, 2020 GMT
Hear from market leaders experienced with delivering the largest projects and portfolios in the UK. Understand the challenges they face bringing NSIP (Nationally Significant Infrastructure Project) projects and multi-GW portfolios to shovel ready stage and hear their perspectives on the continued growth of UK solar and the construction boom expected over the next few years.
Mar 09 - Mar 11, 2021
Understand fully the technical and logistical supply chains that determine the production and performance of solar modules, including all related factors impacting quality, reliability & bankability. This event will be run online with streamed content and online networking.
Feb 03 - Feb 04, 2021
The business of solar is changing, as the industry scales up, technology, IT and new players to the market will add complexity. This sparks a host of opportunities such as co-location of solar and storage and the rise of unsubsidised solar projects as well as challenges which will question the very business model of European solar asset owners. Solar Finance & Investment Europe is the meeting place for institutional investors, sovereign wealth funds, solar, wind and storage funds and large energy buyers to do business.