In June alone, new PV systems totaling 612 MW were connected to the German grid. The country’s cumulative operational PV capacity reached 59.9 GW at the end of June.
The European Investment Bank has agreed to provide €400 million ($406.5 million) in funds for the €2.8 billion project. Construction on the infrastructure should begin by the end of this year.
The new provisions are part of the new version of the country’s renewable energy law, which was approved today by the German parliament.
The cumulative capacity of all subsidized PV systems in Germany hit 59.3 GW at the end of May.
Approvals and planning procedures for solar parks are a major bottleneck for the energy transition. pv magazine recently spoke with a project developer about constraints and opportunities in Germany, ahead of the pv magazine Roundtables on June 28.
The facility is set to become the largest solar plant in Germany and Europe. The project is expected to support agricultural activities and might also be used for green hydrogen generation.
Germany’s new solar additions for April included 517 MW under the country’s incentive scheme and 35 MW of unsubsidized installations.
Germany’s cumulative installed PV capacity for all subsidized and unsubsidized PV systems stood at around 58.2 GW by the end of March.
The tender concluded with a final average price of €0.0519/kWh, which is slightly higher than the €0.050 reached in the previous procurement exercise of the same kind. Bids ranged from €0.0405 to €0.055/kWh.
German renewable energy producer Trianel plans to buy solar power from residential PV systems via mini power purchase agreements, starting from the second quarter. It will then sell the electricity to the energy futures market.
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