The strong growth registered in the first quarter of the year – when 1.27 GW of new PV was deployed – will prompt a 1.4% reduction in the FIT price for the three-month period up to July.
Renewable energy delivered 56 GW of capacity at noon on Easter Monday, with consumption coming in around 61 GW. The price on the power exchange fell to minus €83.01/MWh during peak hours.
In the first round of this year’s mixed wind and solar tender there were only bids for PV projects. Some 18 projects with a combined capacity of 210 MW were selected and the final feed-in premium tariffs were almost the same as those seen in the previous round, with the average price slightly higher.
Power provider Stadtwerke Waldkirch has built a 264 kW PV system in Germany with Sunman’s glass-free modules, as a titanium rooftop at the project site made it impossible to use conventional modules.
Germany set a new record in March as more than half of its power was generated from wind, PV and other renewables. In the first quarter, renewables accounted for 45.4% of net electricity generation, according to Energy Charts from Fraunhofer ISE.
Approximately 420 MW of solar power was newly installed in February. The strong growth for the first two months of the year was mainly due to the FIT cuts for commercial PV projects.
Germany’s Federal Network Agency awarded 121 contracts and 505 MW of PV capacity in the auction. The bidding round was clearly oversubscribed, but 17 bids with a total output of almost 200 MW had to be ruled out due to formal errors.
Renewable energy had a 64.8% share of electricity generation, according to solar research institute Fraunhofer ISE. The achievement was mainly due to strong production from wind facilities.
Last month’s jump in new installations was mainly due to the pending FIT cut for installations not larger than 750 kW.
Last year’s trend continued in the first 2019 round of PV tenders. The average final price was €0.0480/kWh. Almost all the selected projects will be on arable land in disadvantaged areas of Bavaria.
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