France To Offer More Support To Struggling Domestic PV Sector

Posted by SI Staff on January 07, 2013 No Comments
Categories : Policy Watch

France's government has introduced a new plan intended to bolster the country's solar sector, which has taken a hit in recent months.

According to a Reuters report, Energy Minister Delphine Batho has doubled France's PV capacity target and boosted financial support – in the form of a 10% feed-in-tariff bonus – to small PV projects using modules manufactured in Europe.

The plan, which will take effect when a decree is published later this year, is expected to spark more than $2.6 billion in investment.

France's PV industry has reportedly lost approximately 15,000 jobs over the past two years. Batho and other politicians blame the government's inconsistent solar policies.

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