German solar developers who miss out on securing government support may not be able to cover their investment costs with a pay-as-produced Power Purchase Agreement (PPA) unless they install battery storage, according to Veyt analysis.
German solar auctions have attracted strong competition in the last five rounds, showing market appetite for new capacities. However, record low solar capture rates are a challenge for projects outside the support scheme. To improve profitability, adding a battery could be the most viable option.
Auction results In the last solar auction round which closed on 1 December 2024, developers of large-scale open space projects submitted 4.7 GW worth of bids – more than double the 2.15 GW awarded. This was the fifth consecutive oversubscribed …
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