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 .
State-owned utility company China General Nuclear Power (CGN), 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. Wei 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 CGN partnered with EDF to construct the most expensive power plant ever built, costing £18bn, which will provide 3.2GW of power to the UK by 2025.