Solar reaches average price of €0.0574/kWh in France’s renewables tender

23 Oct, 2020

Despite the Covid-19 crisis, the number of wind and PV projects applying in the procurement program has greatly exceeded the volumes offered. The final prices achieved by the winning projects are down sharply compared to previous sessions, confirming the drop in costs, the dynamism and competitiveness of the sectors, the French Ministry of Ecological Transition (MTE) stated in a press release.

Solar secured around 340 of the 600 MW allocated in the tender. The MET selected 45 utility-scale PV projects totaling 331 MW with an average price of  €0.0574/kWh, down 7.4% compared to the previous tender. It also selected 31 photovoltaic projects for self-consumption with an aggregate capacity of 9 MW. These projects secured a feed-in premium of €0.0138/MWh, down 14% compared to the previous round.

On the wind power side, 23 projects were awarded 258 MW of capacity, with the average price of €0.0597/kWh, down 4% compared to the previous tender. “Once commissioned, these projects will produce nearly 1 TWh of carbon-free electricity per year, equivalent to the consumption of around 190,000 households,” said the MTE.

Source: PV Magazine

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