The government decided to impose the moratorium while it formulates “a new balance” in its approach to solar energy.

Paris, which has already slashed the country's solar FIT twice this year, indicates that in addition to the likelihood of more FIT reductions, it will also slap a 500MW cap on annual PV installations, as many in the industry feared.

"The growth of French PV capacity, which has happened much faster than we anticipated, has a cost for communities and the end consumer,” says Prime Minister Francois Fillon.

The