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    Home»Solar»French region announces financial aid for solar PPAs – pv magazine International
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    French region announces financial aid for solar PPAs – pv magazine International

    By March 15, 2023No Comments2 Mins Read
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    France’s largest administrative area, Nouvelle-Aquitaine, has launched a name for brand spanking new photo voltaic tasks. It goals to advertise entry to energy buy agreements (PPA) for corporations and encourage the emergence of recent installations.

    March 15, 2023 Mary Beyer

    From pv journal in France

    France’s Nouvelle-Aquitaine area introduced assist to assist photo voltaic PPA development. The just lately opened name for tasks goals to advertise low-cost native power provide to industrial corporations within the area, particularly within the type of new photo voltaic crops.

    Firms can qualify for 2 forms of help: a subsidy for technical and authorized feasibility research (as much as 70% of prices), or financing help within the type of a mortgage or assure as a part of the assist supplied by the European Regional Growth Fund (ERDF) in its 2021-27 plan.

    Within the latter situation, tasks may additionally profit from ERDF subsidies “relying on the dimensions of the beneficiary firm and the price of [electricity per] MWh … The subsidy quantity paid to the solar energy plant investor have to be totally handed on to the commercial firm by a reduction on the electrical energy worth supplied.”

    In all circumstances, the subsidies are paid on to the proprietor of the photo voltaic challenge. As well as, awarded corporations might be supported in selecting the sort and tariff of PPA.

    The decision for tasks is open till December 31, 2023, to corporations whose electrical energy consumption within the manufacturing space or websites situated in Nouvelle-Aquitaine is larger than 5 GWh/12 months. They’ll apply alone or in teams, or as a part of a multi-buyer PPA.

    “Giant teams will be supported, however solely within the context of a collective inexperienced company PPA with small companies in Nouvelle-Aquitaine,” the regional authorities mentioned in a press release.

    This content material is protected by copyright and might not be reused. If you wish to cooperate with us and wish to reuse a few of our content material, please contact: editors@pv-magazine.com.

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