State - owned utility company China National Nuclear Power ( [UNK] ) , has announced a € 1bn investment to produce solar energy in France , through a partnership with Inovia Concept Development , a small Bordeaux - based company that provides photovoltaic panels for farm sheds . ($1 = 0.9117 euros) Reporting by Claude Cannelas; Writing by Michel Rose; Editing by David Goodman The project is targeting 1GW of power generation per year by 2020 . Xu Lu , CEO of CNG said " France is a very safe country for investments , the feed - in tariff for solar electricity is very stable . " In October we reported it partnered with EDF to construct the most expensive power station ever built , costing £ 18bn , which will provide 3.2GW of power to the UK by 2025 .
State - owned utility company China National Nuclear Power ( [UNK] ) , has announced a € 1bn investment to produce solar energy in France , through a partnership with Inovia Concept Development , a small Bordeaux - based company that provides photovoltaic panels for farm sheds . The project is targeting 1GW of power generation per year by 2020 . Xu Lu , CEO of CNG said " France is a very safe country for investments , the feed - in tariff for solar electricity is very stable . " In October we reported it partnered with EDF to construct the most expensive power station ever built , costing £ 18bn , which will provide 3.2GW of power to the UK by 2025 .