Many of France’s large-scale solar projects have had to be set aside temporarily due to pressures from the energy crisis causing poor access to equipment and a rise in the levelised cost of electricity.
Spanish oil major Repsol has acquired renewables energy investment platform Asterion Energies from European infrastructure fund Asterion Industrial for €560 million, plus up to €20 million in contingent payments.
Solar module manufacturer REC has shelved the construction of a 4GW French heterojunction module manufacturing facility, citing "changes in market conditions".
Alsace-based Voltec Solar and the Institut Photovoltaïque d’Île-de-France (IPVF) are partnering to create a solar panel gigafactory in France in efforts to boost French domestic PV manufacturing.
The French Senate approved a new legislation that will boost the deployment of renewables in France, with the requirement of outdoors car parks to be covered with solar by law.
France aims to enable the rapid commissioning of 2.7GW of solar PV awarded in recent tenders as part of efforts to speed up renewables deployment amid the energy crisis.
Module manufacturer REC Solar has been selected by the European Union to receive a grant to support a 2GW heterojunction (HJT) solar manufacturing plant in France.