EDF Renewables has partnered with a new portfolio company of Macquarie’s Green Investment Group to acquire a French agrophotovoltaic developer with a 2.4GW solar portfolio.
France’s grid operator RTE has warned of tighter than forecast power supply margins, with delays to renewables development in the country expected to exacerbate a shortfall of nuclear generation.
Total has signed a corporate power purchase agreement (PPA) with telecoms operator Orange that will allow for the development for 12 solar projects in France.
EDF Renewables has started construction of its first floating solar project, a 20MW installation co-located with the Lazer hydroelectric plant in south-eastern France.
Eran Chvika, finance and projects partner at Pinsent Masons LLP, discusses the possible remedies available for developers set to be hit by retroactive subsidy cuts in France’s solar market
French solar asset owners are set for months of uncertainty and potential legal battles as the country’s government moves forward with efforts to retroactively cut feed-in tariffs (FiT) for some older PV power plants.
