France launches rescue plan for solar power industry

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.

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