Dark days for French onshore wind

Turbines in the Picardie region of France

Banks have “completely stopped financing” French onshore wind projects, industry sources say, putting the country’s 2020 renewables target even further out of reach.

The picture for onshore wind is growing bleaker by the day, as the industry waits for the French government to decide whether to launch a new feed-in tariff (FIT) for the sector.

That would replace the existing FIT, which has since last year been bogged down in the European Court of Justice (ECJ).

The government recently confirmed it is “studying” the possibility of launching a new FIT. But uncertainty over whether – or when – it might do so has made it impossible to finance projects, resulting in a sharp slowdown, says Nicolas…

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