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France launches rescue plan for solar power industry

2013-01-08 10:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: France has doubled its capacity target for photovoltaic power generation and offered more financial support to small solar power farms that use European-made panels in a bid to rescue the country's ailing solar industry. Energy Minister Delphine Batho announced the measures, which are expected to spur investments worth more than 2 billion euros ($2.6 billion), during a visit to a solar panel factory in Western France. The Socialist government is seeking to rescue an industry which has lost...

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