Winning bidder for photovoltaic energy storage

Which solar-plus-storage projects were bidding in Germany's latest innovation auction?

All the bidding projects from Germany’s latest innovative auction were a combination of solar with energy storage. Image: Convergent Energy + Power. Germany’s latest innovation auction has awarded contracts to 32 solar-plus-storage projects with a cumulative capacity of 408MW.

What is a solar PV & energy storage innovation tender?

Launched in 2020, the innovation tender seeks to combine several renewable resources, however as shown in the latest auction all bids submitted have been for the combination of solar PV with energy storage.

Why are solar photovoltaic (PV) tenders becoming more popular?

Protecting the environment and developing the green economy is becoming a focus for businesses and property owners as well as utilities and governments. This is driving an increase in the number of solar photovoltaic (PV) tenders being issued to award contracts for project construction and maintenance.

How many mw was awarded in a solar-plus-storage tender?

As usual, the solar tender was significantly oversubscribed, luring 98 proposals of 493 MW in total, against a target of 100 MW. The awarded capacity was 100.55 MW, coming from 18 projects. The bid price ranged between EUR 0.0355/kWh and EUR 0.0521/kWh. January 2020, 609 MW awarded in 2nd solar-plus-storage tender.

How many MW is a solar photovoltaic (PV) worth?

In the end, a total of 2,036 MW was awarded to solar photovoltaic (PV) in the first renewable energy auction held since July 2017. Overall, the auction had attracted offers worth 9,700 MW. The weighted average price for solar PV reached EUR 24.47 (USD 29.67) per MWh.

How much is a solar home rebate in Victoria?

For example, the state of Victoria is running a Solar Homes Program that provides rebates for solar panels, hot water systems and battery storage. The current subsidy value of A$1,850 for solar panel installation, $1,000 for solar hot water systems and $4,174 for solar batteries will be in place until June 30, 2021.