france

European Investment Bank approves support to 218MW PV portfolio in Spain after drawing global headlines with vote to end funding to unabated coal, gas and others by 2021.

The French developer's solar business has grown 69% in the first nine months of 2019, generating nearly €90 million of revenue, while wind revenue has fallen.

Country grants 129.4MW worth of contracts to 267 rooftop schemes, with prices averaging €97.48/MWh for smaller arrays and €86.54/MWh for larger peers.

Eiffel Investment Group’s fund will help raise citizen capital for France’s self-styled largest floating PV project, a Ciel & Terre-equipped plant being built since last year.

A dozen project winners will deploy first 62.5MW solar batch by country’s older nuclear plant Fessenheim, with plans to tender further 240MW next year.

Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.

Paris and Amsterdam pledge combined US$100m to back Sub-Saharan African solar while London sets aside US$250m for CIF's energy storage scheme.

Mounting systems specialist STI Norland said it had surpassed 3GW of cumulative installations with 1.2GW of contracted mounting systems orders expected in 2019.

The forthcoming ground-mounted and rooftop tenders will help France move towards target of quadrupling its solar capacity by 2028.

WoodMac: Innovative finance needed to further boost already sound economics of residential sector, with Germany, Italy and Spain all breaking even faster than the UK and France.