Thüga Erneuerbare Energien (THEE) and the CEE Group have decided to join forces to develop large-scale solar PV plants with a cumulated capacity of 500 MW in Germany. These projects would be built and operated without any subsidy and partners bet on the very low production costs to make the projects economically viable. THEE's parent company Thüga Group would be the preferred partner to provide long-term power purchase agreements (PPAs) for the power generation of these new PV projects.
Solar project developers are preparing for the end of feed-in tariffs, as the installed solar capacity is ramping up in Germany (46 GW installed at the end of 2018). In June 2012, the German government and Länder (federal States) reached an agreement on solar feed-in tariff (FIT) cuts, under the terms of which, incentives will be capped for installed capacities of 52 GW (28 GW currently installed) and will be phased out once this milestone is reached.
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