France Plans Temporary Freeze, New Rules for Solar Projects

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France plans to temporarily freeze new solar projects as part of a plan to end a “veritable speculative bubble” that has emerged in the industry, French Prime Minister Francois Fillon said today.

“The flourishing of solar in France, which is faster than expected, comes at a cost to local government and consumers,” Fillon said in a statement today. “Development relies on a feed-in tariff for electricity that is very favorable to producers.”