Solar-plus-storage prices fall once again in French island territory auction

Share on facebook
Facebook
Share on twitter
Twitter
Share on linkedin
LinkedIn
Share on reddit
Reddit
Share on email
Email
An island territory system installed by Langa Group and Engie. Image: Langa Group.

Prices of solar-plus-storage systems to be deployed on France’s island territories have fallen once again in the country’s latest auction, dipping below €100/MWh (US$122.75/MWh).

Results for the third annual edition of France’s tender for projects in territories not connected to the country’s main grid network have been announced, with a total of 57MW of solar-plus-storage projects receiving contracts.

The rules of the tender state that each MWp of solar deployed must be coupled with at least 0.5MW/0.5MWh of battery storage in order to enable greater self-consumption of renewable energy capacity.

Developers working on island territories including Guadeloupe, Corsica and Martinique as well as French Guyana – not an island but not connected to the French grid for obvious reasons – have been awarded contracts for around 50MW of solar PV capacity each year since the auctions began to be held annually in 2016, although the first such auction actually took place in 2012.

The most recent results, revealed by the Ministry for Ecological Transformation, are for a tender round opened in 2019. The 47 projects will receive payment via long-term power purchase agreements (PPAs) backed by the government at an average tariff of €98.6 (US$120.81) per MWh. Clean Horizon’s analysts pointed out that this is the first the average prices of projects in one of the tenders has fallen below €100/MWh.

For more on this story, visit sister publication Energy-Storage.news.

Read Next

February 24, 2021
Microinverter supplier to use proceeds to repurchase notes due 2024 and 2025 as well as other corporate purposes
February 24, 2021
France’s ninth auction for ground-based solar PV has seen 452MWp awarded, with average prices up 4.7%.
February 18, 2021
Solar assets in Texas have continued to generate despite the weather, but policy remains a hurdle to them aiding the grid
February 17, 2021
Shorter purchasing contracts with private companies could be a "lucrative" short-term source of income for Poland's solar market.
February 17, 2021
Leading US residential solar installer to open branch in Fort Lauderdale, creating new solar jobs in the state
February 15, 2021
Longroad Energy to acquire ~900MWdc of solar, with battery storage additions also to be considered.

Subscribe to Newsletter

Upcoming Events

Solar Media Events, Upcoming Webinars
March 9, 2021
Solar Media Events
March 17, 2021
Solar Media Events
April 13, 2021
Solar Media Events
April 20, 2021
Solar Media Events
June 15, 2021