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Germany awards 665 MW of solar capacity in oversubscribed tenders

The German Federal Network Agency (Bundesnetzagentur or BNetzA) has released the results of the latest tenders for ground-mounted solar project larger than 750 kW, with a bidding date set for 1 June 2021. The auction for 510 MW of capacity attracted 242 bids totalling 1,130 MW of capacity, with price ranging from €4.69c/kWh to €5.09c/kWh (weighted average of €5.00c/kWh). 93 bids totalling 513 MW were selected, including 52 bids totalling 233 MW in Bavaria.

In addition, the state agency selected 114 bids totalling 152 MW in a tender for solar projects on buildings larger than 330 kW with an auctioned volume of 150 MW. 168 bids totalling 213 MW were submitted.

Solar accounts for 23% of the country’s installed capacity, with 53.8 GW. Solar capacity additions in Germany have been accelerating. They increased from an average of 1.4 GW/year between 2014 and 2017 to 2.8 GW in 2018, 3.8 GW in 2019 and 4.7 GW in 2020.