Is France's solar market open for international business?
Today, there is a great need from solar industry players, investors, observers, and other stakeholders, to get a sense of what drives the transformation of France’s solar market. The headlines paint a fairly attractive profile: France is now a world top 7 solar market and the world’s largest issuer of green bonds, France’s new energy strategy outlined on Nov 27 2018 will increase solar capacity fivefold by 2030, and the EU has just approved 600 million EUR ($679 million) in funding for innovative solar power installations.
But beyond the headlines, how open for business is France’s solar market? What’s in it for international players? What are the latest developments on the joint-ventures-, and merger and acquisitions- fronts?
|DAMIEN RICORDEAU /// FOUNDER & CEO - FINERGREEN|
|After graduating from Paris Dauphine University’s Master 225 in Corporate Finance and Financial Engineering, Damien Ricordeau started his career in 2008 in private equity by joining the Groupe Edmond de Rothschild where he was part of the investment team for several participations in fast-growing SMEs.
Building upon 5 years of buy-side experience, Damien decided in 2013 to turn towards green finance and founded Finergreen, a boutique advisory specialized in renewable energy.
After 3 years of fast growth on the French market, Damien took the company global, starting in Africa (2016) and shortly after in Asia (2017) and in the Middle East (2018). This strategy has enabled Finergreen to assert itself as a worldwide actor for renewable energy project finance.
FOUNDER & CEO /// FINERGREEN