Germany grants 1GW solar in latest auction

• Majority of projects picked will be integrated in Bavaria adhered to by Rhineland-Palatinate

The results of Germany's latest solar auction makes up just over 1GW of awarded capacity across 201 bids.

The Federal Network Agency launched the outcomes of effective bids of the technology-specific tenders for solar in the initial segment and also biomass plants on the bidding process date of 1 March 2022.

The solar tender, that includes ground-mounted systems, with a target date of 1 March was oversubscribed in spite of the considerable rise in the tender volume.

With a tendered quantity of 1108MMW, 209 bids with a volume of 116MW were submitted, while 201 bids with a volume of 1084MW were awarded.

Regionally, the biggest volume granted is located in Bavaria (488MW, 106 bids), complied with by Rhineland-Palatinate (223MW, 19 bids), Mecklenburg-Western Pomerania (67MW, 10 bids) and also Saarland (66MW, 16 bids).

A lot of the bids for cultivatable or grassland locations were located in Bavaria (366MW, 66 bids).

The honor values determined in the bid cost treatment are in between EUR0.04/ kWh and also EUR0.055/ kWh.

The typical volume-weighted honor value in this round is EUR0.0519/ kWh and also is above the value of the preliminary round (EUR0.0500/ kWh).

On 1 March, a volume of 275MW of biomass was put out to tender, attracting 76 bids with a volume of 81MW were submitted, with an overall of 56 bids with a volume of 68MW chosen.

The following round of solar tenders will certainly happen on 1 June 2022 as well as on 1 September 2022 for biomass projects.