German tender awards 1.95 GW of solar as interest resurges

• Germany has actually selected 1.95 GW of projects in the preliminary of the ground-mounted solar tender for 2023 which was significantly oversubscribed as enthusiasm for the competitors is boosting.

For the call with a March 1 due date, the Federal Network Agency has actually obtained 347 propositions with an incorporated capacity of 2.86 GW which significantly surpassed the targeted 1.95 GW. As numerous as 245 projects for ground-mounted solar parks and solar plants on architectural systems that are neither buildings nor noise barriers were accepted and also 25 were left out as a result of official errors, the power regulator said on Thursday.

Klaus Mueller, president of the Federal Network Agency, commented that for the very first time because June 2022, the quantity of bids got has actually significantly exceeded the used capacity and also never before have many bids been submitted in such a tender.

Mueller stressed that now it is very important to keep a high level of bids in order to advance with the needed expansion in the long-term.

The volume-weighted average price in the round can be found in at EUR 0.0703 (USD 0.077) per kWh and bids ranged from EUR 0.0529 to EUR 0.0730 per kWh. In January, Germany increased the price cap by 25% to EUR 0.0737 per kWh in an initiative to restore the flagging interest in the public auction.

Bavaria was once again a leader with 119 effective bids with an incorporated capacity of 845 MW complied with by Brandenburg with 223 MW and Rhineland-Palatinate with 163 MW.

The following round of the tender in this group is scheduled for July 1, 2023.