Commission will not object to €46.5M state aid for France’s nano solar R&D

25 Feb 2009 | News
The European Commission will not raise objections under EC Treaty state aid rules to the support that France plans to give its Solar Nano Crystal programme.

Image courtesy BP

The European Commission will not raise objections under EC Treaty state aid rules to the financial support of €46.5 million that France plans to give its Solar Nano Crystal research and development programme.

The objective of the programme, which is being implemented by a consortium led by PV Alliance LabFab, is to develop the whole value chain of solar energy, from the production of silicon to the module for obtaining solar energy. The Commission is happy with the programme because it encourages R&D to improve sustainable and diversified sources of energy, R&D that would not have taken place without aid. It considers that these benefits outweigh any potential distortions of competition.

EU Competition Commissioner Neelie Kroes said, “The Solar Nano Crystal programme is coherent with our approach to encourage the use of alternative energies, while boosting competitiveness and avoiding any disproportionate distortion of competition.”

France plans to give €46.5 million in the form of grants and repayable advances as part of the French Industrial Innovation Agency (OSEO) aid scheme.


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