Germany's Federal Network Agency Awards 664 MW In Wind And Solar Projects

• Germany's latest mixed-technology tender was oversubscribed, awarding near 400 MW of wind and 264 MW of solar projects.

Germany's most current mixed-technology tender was oversubscribed, awarding near to 400 MW of wind and also 264 MW of solar projects. The tender, which was open for entries by December 1, 2020, targeted 366.9 MW of onshore wind capacity and also got propositions for 657.1 MW coming from 96 quotes.

The Federal Network Agency, additionally called the Bundesnetzagentur (BNetzA) in German, announced on December 21 that 58 bids out of 96 bids were granted for an integrated capability of 399.7 MW.

It noted that this was the initial oversubscription in an onshore wind tender this year.

• The most affordable quote value of a proposal that was accepted is 5.59 ct/ kWh
• The highest possible proposal value of a proposal that was approved is 6.07 ct/ kWh
• The average, volume-weighted award value is 5.91 ct/ kWh

The tender round will make it possible for the construction of 153.6 MW of wind farms in Schleswig-Holstein, 89 MW in North Rhine-Westphalia, and also 84.9 MW in Lower Saxony. 3 quotes had to be omitted from the competition due to formal errors. The tender for solar photovoltaic (PV) capability wound up awarding 264.2 MW of projects versus a target of 257 MW. An overall of 936.1 MW of projects were submitted with 186 bids, out of which few were omitted. From those 45 winning propositions, 15 belong to projects which will be installed on cultivatable land or grasslands.

• The lowest quote value of a proposal that was approved was 4.88 ct/ kWh
• The bid with the highest possible honor worth was 5.26 ct/ kWh
• The standard, volume-weighted additional charge value is 5.10 ct/ kWh

Germany's following tender for onshore wind will certainly be released on February 1, 2021, while an affordable round for roof PV ability will begin on March 1, 2020.

The Federal Network Agency is the German regulatory office for power, gas, telecoms, message, and also railway markets. It is a federal government firm of the German Federal Ministry of Economics and Technology as well as headquartered in Bonn, Germany.