Negative energy prices for more than six hours mean the Dutch government will pay no renewables incentives under its SDE+ program for March 29. The plunging electricity price was caused by slumping demand for energy as restrictions were put in place to help prevent the spread of Covid-19.
The Dutch government said that the budget increase will allow several solar projects that were excluded from the previous round to secure contracts in the next one. In the last round, the Netherlands Enterprise Agency received €9.06 billion of applications for just €5 billion of available subsidies.
New solar installations in the country reached the milestone in six months, according to Dutch New Energy Research, which publishes its first Dutch Solar Quarterly report today.
The nation’s largest solar plant – of 54 MW – has achieved financial close and tenders for plants exceeding 100 MW are in the pipeline
With ground-mounted solar plants popular in the Netherlands, critics says large-scale plants are devouring agricultural land. PV association Holland Solar says even if the country reaches an installed capacity of 16 GW by 2050, only 0.5% of its agricultural surfaces would be covered
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