France Increases Solar Installations

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Researched by Industrial Info Resources (Sugar Land, Texas)--France's solar energy sector has witnessed a significant upswing, reflecting an encouraging trend in the country's renewable energy trajectory. According to recent data released by the Ministry of Energy Transition (Paris), France installed 803 megawatts (MW) of solar capacity during the third quarter of 2023, showcasing an impressive 14.88% increase compared to the 699 MW installed during the same period last year.

As of September 30, the country's cumulative installed solar capacity had soared to 19 gigawatts (GW), with an addition of 2.2 GW in the first nine months of this year.

Several regions in France played pivotal roles in this substantial surge in solar installations, notably Auvergne-Rhone Alpes, Occitanie, Nouvelle Aquitaine and Provence-Alpes-Côte d'Azur. These areas emerged as significant contributors to the expansion of solar energy infrastructure, contributing substantially to the country's increased solar capacity.

The European Parliament reached an agreement to elevate the European Union's binding renewable energy target. The target is set to increase to a minimum of 42.5% by 2030, a substantial rise from the previous goal of 32%. This ambitious move underscores France's dedication to advancing its renewable energy landscape and aligns with broader EU objectives aimed at promoting sustainable energy development across member states.

Industrial info is tracking more than 700 active solar projects in France, valued at a combined US$20.3 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Power Project Database can click here for a list of projects.

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 over 200,000 current and future projects worth $17.8 trillion (USD).