According to the information obtained by CRE, investment costs for larger photovoltaic power plants in France have fallen on average by 32% over the last three years.
As a result, investors were able to reduce the assumed costs of the largest projects up to the level of 48 EUR/MWh. This price allows the preparation of investments in photovoltaic power plants producing energy no longer covered by public guarantees and preferences.
The French regulator points to a reduction in individual investment costs in photovoltaic power plants and believes that a reduction in the cost of the capacity produced, and thus in the level of the guaranteed rate.
According to the latest CRE data, at the end of the third quarter of 2018, France operated photovoltaic power plants with a total installed capacity of 8. 4 GW compared to 7. 65 GW at the end of 2017.
The potential recorded in the autumn would allow the production of about 10. 2 TWh of electricity per year, which is about 2% of French demand.