No German FIT degression in Q4 for first time

Evidence of the continuing aneamic performance of the German solar market continues to mount, with no degression in the solar FIT scheduled for Q4 2015. For August, Germany’s Federal Electricity Network Agency (Bundesnetzagentur) indicates that 266 MW of PV was installed, an improvement on previous months but still a meagre total for the country.

?First the good news: German PV FIT will not fall again this year. The bad news, though, is the PV expansion in Germany is stagnating further at very low levels and now is so far below the installation corridor targeted by the government.

"The new capacity for the last twelve months is approximately 1437 MW below the statutory annex corridor of 2400-2600 MW. As a result, the [FIT] compensation rates have stagnated for the first time ever," said Peter Franke, vice president of the Federal Network Agency, on Wednesday.??The sum of reported newly installed capacity of PV systems, receiving remuneration from the Federal Network Agency, for August of 266.091 MW. Included in this figure are some installations completed months or even years earlier that have been slow to register with the Agency. These delays have caused some concerns within the German solar industry as it distorts the monthly installation figure.

According to Agency figures, 1,038 MW of PV has been added to the German grid in 2015 through August. The remuneration rates for PV systems in Q4 will range from €12.31c to €8.53c/kWh, depending on the size of the array. For PV systems larger than 500 kW, electricity must be sold on the wholesale market or under a merchant arrangement, the rates will range from €12,7 und €8,91c/kWh.

Edited by Jonathan Gifford