Germany awards 1.08 GW of photo voltaic, 68 MW of biomass in March public sale

April 12 (Renewables Now) – Germany has chosen 201 proposals with a mixed output of 1.084 GW in its newest photo voltaic public sale with a March 1 deadline which drew stable curiosity regardless of the numerous enhance within the tender quantity.

The technology-specific tender for ground-mounted photo voltaic crops and photo voltaic websites on buildings which can be neither a constructing nor a noise barrier attracted 209 bids totalling 1.116 GW, the Federal Community Company mentioned on Tuesday. Eight proposals have been excluded from the competitors resulting from formal errors.

The bids within the spherical ranged from EUR 0.040 to EUR 0.055 per kWh. The amount-weighted common worth stood at EUR 0.0519 (USD 0.057) per kWh, up from EUR 0.050 per kWh within the earlier spherical.

The most important quantity was gained by initiatives situated in Bavaria (488 MW), adopted by Rhineland-Palatinate (223 MW), Mecklenburg-Western Pomerania (67 MW) and Saarland (66 MW).

In contrast to the photo voltaic public sale, the biomass tender with a March 1 deadline was considerably undersubscribed. The Federal Community Company focused 275 MW for biomass however acquired 76 proposals with a mixed capability of simply 81 MW. Of them, solely 56 proposals with a complete output of 68 MW have been accepted.

The profitable bids have been within the vary of EUR 0.12 per kWh to EUR 0.18 per kWh with the volume-weighted common worth coming in at EUR 0.15 per kWh.

The subsequent spherical of the photo voltaic tender will happen on June 1 whereas the subsequent public sale for biomass crops is scheduled for September 1.

(EUR 1 = USD 1.090)

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