France unveils winners in 2 solar tenders, prices go down

Rooftop solar project of Langa in Bressols (Midi-Pyrénées region in France)

February 13 (Renewables Now) - France announced last week that it has selected 77 solar projects with a combined capacity of 508 MW in the country’s third out of six tenders that should award 3 GW over a three-year period.

This latest auction brought down by 4% to EUR 61.6 (USD 76.2) per MWh the average price for all projects combined. The average price proposed by the winners with larger projects of between 5 MWp and 17 MWp was EUR 55.3/MWh, further down from the EUR-55.5/MWh “historically low” price achieved in the tender held last summer.

The list containing the winners of large-scale projects is available here.

The closing of the fourth candidacy period is scheduled for June 1, 2018. It is expected to award more capacity, 720 MW to be exact, after the government decided to increase the volume of solar tenders by 1 GW to 2.45 GW per year as part of the country’s plan to expand solar power development and achieve a 32% renewables share by 2030.

Also last week, France announced the results of the first call for innovative projects, including schemes using floating solar panels and forecasting software. The government has chosen a total of 50 projects totalling 70 MW, with an average price of EUR 80.7/MWh.

All winners can be found here.

This call for tenders should result in 210 MW of innovative project awards over a three-year period. The second 70-MW auction will close on October 1.

(EUR 1.0 = USD 1.237)

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Ivan is the mergers and acquisitions expert in Renewables Now with a passion for big deals and ambitious capacity plans.

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