Germany Awards Rooftop Solar Projects Worth 191 MW At Rs 8/kW (€0.088) Onwards

Germany Awards Rooftop Solar Projects Worth 191 MW At Rs 8/kW (€0.088) Onwards

Germany, which has been leading a renewed push for Solar power, has met with some success in its second innovative rooftop solar auction for installations at buildings and other locations like Noise barriers. With limited space and efficiency from large solar utility projects, rooftop solar auctions across innovative places ranging from noise barriers to parking lots and even balcony’s now have emerged as a growing opportunity in European countries like Germany.

After evaluation of bids, contracts have been awarded to 88 bids with a cumulative capacity of 191MW in Germany. Bids were received for 373 MW. This was in stark contrast to an earlier attempt this year, as only three projects ended up being accepted with a combined capacity of 83.5MW, despite 400MW of capacity auctioned.

The country’s Federal Network Agency, the Bundesnetzagentur has been conducting and awarding these contracts through the auction route in Germany.

The prices of the successful bids in the auction ranged from €0.088 (Rs 8) per kWh to €0.0998 per kWh. The volume-weighted average award price was €0.0958 per kWh was €0.6 per kWh lower than the highest award price in the previous auction of €0.108 (rs 9.80) per kWh. The lower prices seem to be a direct fallout of the falling module prices we have seen this year, with Germany especially importing most of its requirements from China.

In terms of regions, North Rhine-Westphalia had the most winning projects, with 14 awards with a combined volume of 27MW, followed by Lower Saxony (13 awards, 25MW), Bavaria (13 awards, 21MW) and Baden-Württemberg (11 awards, 20MW), making them the four federal states with the highest number of awards.

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In terms of capacity, 64 of the winning bids were for a volume of up to 2MW. The largest bid was for a volume of 17MW.

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In October, Germany’s innovation auction awarded contracts to 32 solar-plus-storage projects with a cumulative capacity of 408MW. A total of 53 bids and 779MW of capacity were received, nearly double the 400MW limit set for the auction.