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France’s nuclear corporation EDF to make a massive push into solar energy

FT 11th Dec 2017, On the eve of the climate summit in Paris, French nuclear utility EDF has announced a massive push into solar power that will cost up to 25bn euros.

The company said on Monday that between 2020 and 2035 it would build solar
plants in France totalling 30GW of installed capacity, through its
subsidiary EDF Energies Nouvelles. The targeted capacity is four times
greater than France’s current solar energy capacity, EDF said.

Jean-Bernard Levy, EDF chairman and chief executive said: “The Solar Power Plan is of an
unparalleled scale and marks a real turning point in EDF’s development of
solar power capacity. It is a concrete illustration of the goals outlined
in the Group’s CAP 2030 strategy, which was initiated in 2015 and aim to
double the Group’s installed renewable energy capacity by 2030. EDF now has
a new roadmap in renewables for the next fifteen years”.
https://www.ft.com/content/7b6d0b53-e6ce-35aa-ac72-ecad5f73b450

December 12, 2017 - Posted by Christina Macpherson | Uncategorized