New installations should be capped at 300 to 500 megawatts (MW) a year, wrote Jean-Michel Charpin in a report published on the finance ministrys website September 3. France is on track to surpass its 2020 target for installed solar capacity by 2013 as companies rush to profit from inflated tariffs, he said.
Before Charpins report was made public, the government said it would cut the so-called feed-in tariff on September 1 for a second time since January, to counter a speculative bubble in the industry. The move is the first in a planned solar-policy overhaul in coming months that may include an annual growth target of 500 MW, the government said at the time.
Five hundred MW wont be nearly enough to develop equipment manufacturers in France, Richard Loyen, head of the solar industry group Enerplan, told Bloomberg via telephone. This is a report, not a new policy, although we know the minister will likely base his plan on it.
Declining costs for making photovoltaic panels are forcing governments to reduce subsidies shouldered by consumers when they pay for electricity from renewable sources. Spain also plans to cut solar prices while Germany reduced the price for sun-generated electricity from July.
Click here to read the rest of the report.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.