According to the latest numbers announced by the German Federal Network Agency Agency Bundesnetzagentur, the country’s solar PV installations in April 2021 totaled 619.5 MW, an increase of 59 MW (10.5%) compared to 560 MW installed in March 2021.
In a year-over-year comparison, Germany had installed 371 MW in April 2020 and marked a 66.8% growth by adding 248 MW. The cumulative installed solar capacity in Germany at the end of March 2021 reached 55.5 GW.
Germany installed 4.8 GW of solar capacity in 2020, a 21% year-over-year increase compared to 4.03 GW in 2019.
In December 2020, Bundesnetzagentur had announced the auction results for solar and onshore wind projects. The agency received a total of 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. The surcharges were expected to be announced on December 28, 2020.
In October 2020, Bundesnetzagentur announced that its tender for 96.4 MW of solar projects was oversubscribed and received 87 bids for about 393.3 MW of projects. The agency would award a total of 30 bids for around 103.1 MW of projects. Bids for these projects ranged between €0.049 (~$0.058)/kWh and 0.054 (~$0.063)/kWh.
According to Bundesnetzagentur, in November 2020, solar bids won the full capacity in Germany’s 202 MW wind and solar auction. The tender was oversubscribed by 518 MW, and there was not a single bid for wind projects.
As per the released document, the federal network agency awarded 43 bids with a total capacity of 202 MW. The lowest bid for the tender was €0.052 (~$0.06)/kWh, and the highest bid was recorded to be €0.054 (~$0.065)/kWh. The average quoted price was €0.053 (~$0.062)/kWh for the tender.
Rahul is a staff reporter at Mercom India. Before entering the world of renewables, Rahul was head of the Gujarat bureau for The Quint. He has also worked for DNA Ahmedabad and Ahmedabad Mirror. Hailing from a banking and finance background, Rahul has also worked for JP Morgan Chase and State Bank of India. More articles from Rahul Nair.