The Energy Storage Report 2024

Now available to download, covering deployments, technology, policy and finance in the energy storage market

Germany awards Innovation Tender contracts to 512MW of solar-plus-storage bids

LinkedIn
Twitter
Reddit
Facebook
Email

Germany has awarded 512MW of capacity to solar-plus-storage projects in its most recent Innovation Tender auction.

The auction, run by the Bundesnetzagentur – the German Federal Network Agency – had a total available capacity of 583MW. 48 project bids were submitted, adding up to a total of 564MW, and ultimately 512MW was accepted, while five bids were rejected.

This article requires Premium SubscriptionBasic (FREE) Subscription

Enjoy 12 months of exclusive analysis

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Annual digital subscription to the PV Tech Power journal
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

The prices for successful bids ranged between €0.0678/kWh (US$0.073/kWh) and €0.0917/kWh and the average volume-weighted price was €0.0833/kWh, which the Bundesnetzagentur said was “well below” the maximum tendered price.

The auction sought solar-plus-storage projects on arable grasslands, with different criteria offered for different states. Bavaria was awarded the most capacity by far, with 245MW across 24 projects. Next closest was Mecklenburg-Western Pomerania with four projects for 79MW and Schleswig-Holstein with five projects for 73MW.

The October 2023 iteration of the innovation auction was oversubscribed and awarded 408MW of solar-plus-storage capacity.

At the same time, the government announced the results of its latest onshore wind auction, where over 2.3GW of capacity was awarded, which it said “set a new record”.

To read the full version of this story, visit PV Tech.

8 October 2024
San Francisco Bay Area, USA
PV Tech has been running an annual PV CellTech Conference since 2016. PV CellTech USA, on 8-9 October 2024 is our second PV CellTech conference dedicated to the U.S. manufacturing sector. The event in 2023 was a sell out success and 2024 will once again gather the key stakeholders from PV manufacturing, equipment/materials, policy-making and strategy, capital equipment investment and all interested downstream channels and third-party entities. The goal is simple: to map out PV manufacturing in the U.S. out to 2030 and beyond.
17 June 2025
Napa, USA
PV Tech has been running PV ModuleTech Conferences since 2017. PV ModuleTech USA, on 17-18 June 2025, will be our fourth PV ModulelTech conference dedicated to the U.S. utility scale solar sector. The event will gather the key stakeholders from solar developers, solar asset owners and investors, PV manufacturing, policy-making and and all interested downstream channels and third-party entities. The goal is simple: to map out the PV module supply channels to the U.S. out to 2026 and beyond.

Read Next

July 4, 2024
The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.
Premium
July 3, 2024
Construction is underway on Cero Generation’s first solar and storage project in the UK, Larks Green, while its second one will differ substantially on the size of the grid connection.
Premium
July 3, 2024
After failing to obtain local approval for the construction of a 250MW/1,000MWh standalone BESS, Engie is pursuing state approval via the CEC.
July 3, 2024
A market brief on the first tender to be held in Western Australia under the nationwide Capacity Investment Scheme (CIS) for renewables and energy storage has been published.
July 1, 2024
Swiss investment fund and project development vehicle MW Storage has contracted Fluence to supply and integrate a 20MW battery storage asset in Finland.

Most Popular

Email Newsletter