Germany installed 351 MW of solar capacity in February 2021, an increase of 4% compared to the same period last year, according to the data released by the Federal Network Agency Bundesnetzagentur.
The country had installed 529 MW of solar capacity in January this year. Installations in February declined 33% compared to January 2021.
As per the revised data, the cumulative installations reached 54.52 GW at the end of February 2021.
Germany installed a total capacity of 3.3 GW in 2013, 1.9 GW in 2014, 1.5 GW in 2015, 1.52 GW in 2016, and 1.75 GW in 2017. Total solar installations in 2018, 2019, and 2020 reached 3 GW, 4.03 GW, and 4.88 GW, respectively.
In December last year, Bundesnetzagentur announced the auction results for solar and onshore wind projects. The agency received 45 bids aggregating 264.15 MW of solar projects for its 256.9 MW solar tender. The lowest bid quoted for the solar tender was €0.048 (~$0.059)/kWh, and the highest was €0.052 (~$0.064)/kWh. The average quoted price for the tender was €0.051 (~$0.062)/kWh.
Earlier, Germany’s federal cabinet approved the amendments to the Renewable Energy Sources Act, intending to achieve its goal to expand renewable energy up to 65% by 2030. The government’s renewable expansion path by 2030 will be included in the law aimed to achieve its targets by 2030.
Through these amendments, Germany would now target annual solar tenders of nearly 1.9 to 2 GW capacity, onshore wind between 2.9 and 5.8 GW, along with almost 500 MW of biomass energy. The government plans to enhance its cumulative solar capacity from the current 52 GW to 83 GW in 2026 and 100 GW in 2030. Germany is also expected to expand the cumulative capacity for onshore wind projects from the current 54 GW to 65 GW in 2026 and 71 GW in 2030.
Rakesh is a staff reporter at Mercom India. Prior to joining Mercom, he worked in many roles as a business correspondent, assistant editor, senior content writer, and sub-editor with bcfocus.com, CIOReview/Silicon India, Verbinden Communication, and Bangalore Bias. Rakesh holds a Bachelor’s degree in English from Indira Gandhi National Open University (IGNOU). More articles from Rakesh Ranjan.