Recent Significant Changes in Photovoltaic Energy Regulation in France

Posted on April 20, 2011 by K&L Gates
By Olivia Lê Horovitz, François Lan (Paris)

On December 9, 2010, the French Government decided to temporarily freeze the registration of new solar energy projects for the next three months by suspending the feed-in tariffs for new photovoltaic energy producers. This decision was aimed at curbing the rapid growth of investments in the solar industry following speculative transactions and a recent boom in installations inflating the cost of electricity paid by French consumers.

Following extensive consultations with industry participants, the French Government enacted three new decrees on March 4, 2011 following the initial announcement by the French Prime Minister, François Fillon, of the new regulatory framework on February 23, 2011.

Those decrees have drastically redesigned the solar subsidies framework and will affect both businesses and investments in this sector. The main changes concern medium-sized and large installations, and involve a purchase price cut and a soft cap of 500 MW per year for new installation applications.

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