French photovoltaic module project investment

French solar developer TSE has raised €100 million (US$104.5 million) to support the development of seven new solar projects in France, with a combined capacity of 120MW. Banks Crédit Agricole and Caisse d’Epargne provided the funds, and the deals were concluded last December.
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This integrated gigafactory (from ingot to module, including wafer and cell production) will have an annual production capacity of 5 GW of photovoltaic cells and 3.5 GW of photovoltaic modules.

TSE raises €100 million to develop 120MW of French solar capacity

French solar developer TSE has raised €100 million (US$104.5 million) to support the development of seven new solar projects in France, with a combined capacity of 120MW.

France decreases 2035 solar PV target to 90GW

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The investment budget amounts to 1.5 billion euros. Beyond the construction phase, the project shall create more than 3,000 direct and sustainable jobs in the region.

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About French photovoltaic module project investment

About French photovoltaic module project investment

French solar developer TSE has raised €100 million (US$104.5 million) to support the development of seven new solar projects in France, with a combined capacity of 120MW. Banks Crédit Agricole and Caisse d’Epargne provided the funds, and the deals were concluded last December.

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About French photovoltaic module project investment video introduction

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4 FAQs about [French photovoltaic module project investment]

Should France and Europe reposition themselves in the photovoltaic value chain?

France and Europe must quickly reposition themselves in the photovoltaic value chain to avoid shifting from one dependence to another. This is a concrete illustration of our desire for reconquest”, Agnès Pannier-Runacher, French Minister of Energy Transition said.

Will photovoltaics become a major industrial sector?

For Voltec Solar and the IPVF, photovoltaics must become one of these major national industrial sectors and this is the objective stated by the France PV Industrie project which was the subject of a file submission in the Calls for Projects from ADEME for France 2030.

What are France's PV policies?

Long-Term Strategy: France's PV policies are guided by the National Low Carbon Strategy (SNBC), targeting carbon neutrality by 2050, and the Multi-Year Energy Programme (PPE), outlining 10-year energy objectives.

Is carbon a good news for French & European photovoltaic industry?

This is a concrete illustration of our desire for reconquest”, Agnès Pannier-Runacher, French Minister of Energy Transition said. "This announcement by Carbon is good news for the French and European photovoltaic industry that we aim to revitalize.

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