Facing the challenge of energy shortage, Germany has once again increased its support for photovoltaics.
In order to boost the sluggish growth rate of the German solar field, it will hold additional tenders for 1.5GW of solar energy development, and participants can submit project development proposals by January 15 next year, the Federal Network Agency said.
According to the announcement, the size of the proposed project should not exceed 100MW. Proposed solar projects that win government incentives must be completed within nine months after the feed-in tariffs are awarded.
In April 2022, Germany released the "Easter Package", which will increase the share of renewable energy in the energy mix to 80% in 2030 and 100% in 2035.
In the next decade, Germany will accelerate photovoltaic development, with the goal of reaching 215 GW of installed solar capacity by 2030, with an annual increase of 22 GW.
The German Solar Energy Association said that many German federal states have not yet opened up arable land and grasslands in impoverished regions of Germany, which hinders the development of solar power projects. Therefore, the potential development site for developers' solar power plants is limited.
The Federal Network Agency was unsuccessful in allocating all planned capacity mentioned in previous solar tenders. In the last tender allocation, the Federal Network Agency was only able to allocate 700MW of the 1,126MW planned at the beginning of this year.
Wind power tenders have also been under-subscribed over the past few years. Only the planned capacity of the past few months has been fully auctioned. Solar power tenders are mainly overbid. The under-subscription of solar tenders came into focus last month, raising questions about investor interest.
