Investments
France wins 7.5 GW renewables support from EU
- The beneficiaries of the aid will be selected through tenders to be organized between 2017 and 2020

The European Commission (EC) has approved four schemes to support electricity production from onshore wind, and solar on both buildings and laid on the ground in France under EU state aid rules, EC announced on Friday.

The schemes will allow France to develop over 7 additional gigawatts in renewable energy.

The onshore wind scheme has a provisional budget of €188 million per year (or a total of €3.8 billion over 20 years). The two solar schemes have a provisional budget of €232 million per year (or a total of €4.6 billion over 20 years).

The last scheme will support both onshore wind and solar installations, with a provisional budget of €6 million per year (or a total of €124 million over 20 years).

The beneficiaries of the aid will be selected through tenders to be organized between 2017 and 2020.

By Ebru Sengul

Anadolu Agency

energy@aa.com.tr

 

30 Sep,2017
INVESTMENTS NEWS