- France’s CRE has released new FIT and premium rates for various solar installations in Q3/2022
- It has increased the same on sequential basis citing increase in costs experienced by PV sector following a number of factors including supply chain challenges
- The rates will be applicable for both mainland France and the country’s non-interconnected zones (ZNI)
The French Energy Regulatory Commission or Commission de Régulation de l’Energie (CRE) has released new feed-in-tariffs (FIT) and premiums for solar energy installations of up to 500 kW, for Q3/2022, increasing these due to the ongoing energy situation.
It started from €0.1951 per kWh as tariff for system sizes up to 3 kW, and €0.1068 per kWh for 500 kW installations for the period till July 31, 2022. The same has now been revised to €0.2022 per kWh to €0.1107 per kWh, respectively from August 1, 2022 to October 31, 2022.
These rates are applicable for mainland France between August 1, 2022 and October 21, 2022, while for French territories not connected to the continental metropolitan electricity network known as non-interconnected zones or ZNIs, the enforcement period is between July 1, 2022 and September 30, 2022.
“These modifications aim to take into account the increase in costs experienced by the photovoltaic sector following the global economic recovery following the Covid-19 health crisis, tensions over raw materials and logistics, as well as the war unleashed by Russia against Ukraine,” stated CRE.