First German Tender Determining Financial Support for Freestanding PV Installations Oversubscribed

The first German renewable tender determining financial support for 150 MW of freestanding PV capacity, which ended on 15 April 2015, was several times oversubscribed, the German grid regulator (BNetzA) said. BNetzA received 170 bids in the first of three tenders with a total capacity of 500 MW that will be held this year pursuant to the revised Renewable Energy Sources Act that came into force on 1 August 2014 (EEG 2014)

BNetzA is currently reviewing compliance of the bids with the bidding regulations laid down in the Ordinance for Competitive Bidding for Financial Support of Freestanding Installations (FFAV). Winning bids will be announced on the agency’s website in due course.

In 2015 two more PV tenders will be held on 1 August (150 MW) and on 1 December (200 MW). In 2016 a total of 400 MW will be tendered, followed by 300 MW in 2017.

Rainer Baake, State Secretary at the Energy Ministry called the tender a success, saying the number and diversity of bidders was a positive sign that despite the switch to tendering financial support the wide variety of players and the strong engagement of citizens in renewable power would not suffer.

For more information the changes of the EEG 2014 in particular with regard to auctioning financial support for freestanding PV installations, please see here.

Source: Federal Ministry for Economic Affairs and Energy

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