Germany awards 510MW in solar tender

• 'Significantly oversubscribed' round attracted 986MW of bids

Germany has actually granted 510MW of capacity in the current solar photovoltaic or pv tender.

The Federal Network Agency claimed the solar tender for the initial segment for the bid due date of 1 November 2021 was "considerably oversubscribed".

Around 232 bids with an overall volume of 986MW were sent, out of which 133 bids with a volume of 510MW were approved.

A lot of capability remains in Bavaria, with 255MW (69 honors), adhered to by Mecklenburg-Western Pomerania, with 51MW (nine awards) and also Baden-Wurttemberg, with 49MW (10 awards).

For the very first time, prospective buyers were likewise able to submit bids on arable as well as grassland areas in Lower Saxony and also Saxony after the location categories were accepted by state laws in these federal states.

Nevertheless, no bids have actually been sent for these locations in this round.

A lot of the surcharges for cultivatable and also grassland locations went to bids for areas in Bavaria (172MW and 41 surcharges).

The honor values established in the bid price treatment are in between 4.57 ct/kWh and also 5.20 ct/kWh.

The average volume-weighted award worth in the round was 5.00 ct/kWh, which corresponds to the value of the preliminary round.

The following round of tenders for solar in the very first segment will certainly occur on 1 March 2022.