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France Awards 948 MW Solar Projects

France has awarded 948 megawatts of ground-mounted solar photovoltaic capacity

Released Thursday, December 12, 2024

France Awards 948 MW Solar Projects

Researched by Industrial Info Resources (Sugar Land, Texas)--The French Ministry of Solidarity and Ecological Transition (Paris) has awarded 948 megawatts (MW) of ground-mounted solar photovoltaic (PV) capacity in its sixth Programmation Pluriannuelle de l'Énergie (PPE2) tender, held in November 2024. The allocation surpassed the initial target of 925 MW, which has been now distributed across 120 projects nationwide with the largest share of 333 MW in the Nouvelle Aquitaine region of France.

Neoen (Paris) emerged as the top winner, securing 166.7 MW (18% of total capacity), followed by Urbasolar group, a subsidiary of Axpo Group (Baden, Switzerland) with 124.1 MW, and TotalEnergies SE (NYSE:TTE) (Courbevoie, France) with 68.7 MW. The average tariff for this round was €79.28/MWh (~US$83.30/MWh), marking a 3% reduction from the previous tender. Projects are expected to be commissioned within 30 months.

The consistent reduction in solar costs and oversubscription highlight the sector's growing efficiency and appeal. With another round scheduled for this month, France continues to expand its solar energy footprint, bolstering its trajectory toward achieving energy transition goals.

Industrial Info is tracking 870 active capital solar PV projects in France, worth US$24.29 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for the project reports.

Industrial Info Resources (IIR) is the leading provider of industrial market intelligence. Since 1983, IIR has provided comprehensive research, news and analysis on the industrial process, manufacturing and energy related industries. IIR's Global Market Intelligence (GMI) helps companies identify and pursue trends across multiple markets with access to real, qualified and validated plant and project opportunities. Across the world, IIR is tracking more than 200,000 current and future projects worth $17.8 Trillion (USD).

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