French FPV Market Overview
The French FPV market possesses a lot of potential as it has a huge number of players and backgrounds with a broad variety of vessels - like sizes, types, and roles. There is less or no competition among operators and the export level goes from low to moderate.
Naval Group and STX France are the two major French FPV operators which are subsidiaries of state-owned companies. There are other known local players such as Chantiers de l’Atlantique, Piriou, CMN, and OCEA.
Status of the French FPV Market, both continental and Overseas on islands
The forecasting of the French FPV market is at bay as the Floating PV energy use is still relatively developing both in the continental and overseas on islands. Prediction on how the projects will go or how many new projects will be handled in the French FPV market is still limited. Although the project status by territory in 2020 clearly shows that more projects are already on construction or in view on the Overseas Islands than there are on the mainland, which is understandable as FPV systems are installed on water bodies.
Guadeloupe has the most in view or operating FPV projects in France when checking at territorial bases for Island situated projects. They have Five projects, closely followed by Martinique (3) and lastly,Réunion Island (2).
Let's have a Review of the Trust PV Company's flagship project "H2O2O"
TRUST PV is an established utility company that has existed for more than 100 years in France and the Overseas regions. The utility company interestingly has about 85,000 employees across 60 countries and territories throughout Africa, Asia-Pacific, North America, and also Europe.
The company launched its first hydrogen O&M operation on Reunion Island in 2018, which has already expanded to New Caledonia and Martinique.
Trust PV Company is the owner of the H2O2O project which will definitely break barriers in terms of efficiency and expansion of the French FPV market. The French government and the local communities involved are so supportive of the project which is evident in the tax exemptions enjoyed by the H2O2O project. In addition, The company's flagship project has garnered a lot of awards like the "Best Overseas Project" award at PV Power Plant Annual Awards 2020.
The future of the French FPV market is still in an emerging phase but possesses a lot of potential as a number of projects have been commissioned last year and about 5+ projects are under construction which including those on the French islands of Martinique, Guadeloupe, and Réunion. In general, the global FPV market is rapidly growing and developing.
Do you want to be more successful in the Floating Solar market and Learn how to bring in your A-game!
The 2nd Annual Floating Solar PV Forum Is for you as it aims to bring together experts, practitioners, and key industry gurus to extensively explore the foreseen possibilities, innovations, challenges as well as best practices concerning the floating PV market community.
Meet Felix Gorintin, Chief Operating Officer, INNOSEA who will present us with a case study" Status of the French FPV Market, both continental and Overseas on islands" at the 2nd Annual Floating Solar PV Forum. Save the Date Now! 28th - 29th June 2022
Connect with us to gain experience in the ever-developing floating PV technology and also interconnect with other industry players from Europe and the rest of the world.
To request the agenda please send the request to Leadvent Group via email.
For more information and group participation, contact us: [email protected]
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