Solar tariffs in France: The 2021 finance law and the renegotiation of power purchase agreements
By EsqSocial Corporation 24/02/21
Article 225 of finance law for 2021 dated 29 December 2020 (the "2021 Finance Law") provides for the renegotiation of the feed-in tariffs of approximately 800 photovoltaic power purchase agreements ("PPAs") concluded between 2006 and 2010. This decision, motivated by the alleged excessive profitability of these PPAs, is yet to be specified in a decree. As it stands, it is causing concern in the sector and has given rise to controversy....
By: White & Case LLP