By 2030, France aims to cover 40 % of its own energy needs with renewable energies - in 2018, the share of renewables in its total energy production was 20 %. The expansion of renewable energies in France is booming.
The French Minister of the Environment, Elisabeth Borne, announced the schemes that were awarded in the renewable energy tender rounds in early October. For both, wind energy (4th tender round) and solar photovoltaic projects (8th tender round), separate tender procedures took place in France.
Regarding wind energy, 20 onshore-projects were awarded, representing a combined capacity of 576 MW. The average price for the produced energy stood at EUR 66,50 per MWh; the winning projects get 20-year feed-in contracts.
In addition, 268 photovoltaic projects with a total capacity of 129.4 MW were awarded. The average feed-in tariff will be EUR 97.48 per MWh for power plants with an output of 100 to 500 kW and EUR 86.54 per MWh for solar pv plants with an output of 500 kW to 8 MW.
In total the projects can provide around 350,000 households with the needed energy. Furthermore, the installed wind and solar pv capacity in France will increase by 3 %.
In the press release of the Ministry of Ecological and Solidarity Transition, Environment Minister Elisabeth Borne also underlines the French government's goal of promoting as many new renewable energy projects as possible in France in order to achieve the most diversified electricity mix possible in view of the objectives set by 2030.
This is greenmatch
greenmatch provides an efficient finance software in the field of renewable energy and thereby offers a network for project developers, investors, banks and advisors to connect around globe. With our solutions we support any market player in charge of controlling investments and finances of renewable energy assets. The platform is based on a standardised and certified cashflow model and helps structure your project finances.