Germany starts new solar farm incentive scheme
Bonn, Germany - The Bundesnetzagentur has published details of its first ever competitive tender process for large-scale ground-mounted solar photovoltaic (PV) systems.
Three rounds of tenders for solar farms will be run each year. Details of each tender round will be published on the Bundesnetzagentur's website about eight weeks in advance together with the strict requirements for the tender documents.
Investors have until 15 April to submit their first-round tenders to the Bundesnetzagentur. In this round, a total of 150 MW is being put out for tender, with the maximum rate set at 11.29 cents per kilowatt hour. Each tender must include information and documents on the land to be developed for the solar farm and must specify an incentive rate (in cents per kilowatt hour) for the electricity to be generated and the farm's capacity in kilowatts. Contracts will be awarded from the bottom up to the tenders with the lowest rates until the total volume put out for tender has been reached.
Source: IWR Online, 25 Feb 2015