The Bundesnetzagentur, Germany’s regulatory authority for electricity and gas, announced the results of its innovation auction, which closed for bids on September 1, 2024. The auction, open to wind and solar projects combined with secured generation, saw significant interest, with bids totaling 1,856 MW, over three times the 583 MW volume offered. Of the 154 bids received, only 50 were successful, with a combined awarded volume of 587 MW. The Bundesnetzagentur holds the next auction for May 2025, while an auction for biomethane installations will close in April 2025.
Bundesnetzagentur’s auction awards 587 MW for wind, PV projects
The next innovation auction for wind and solar projects is scheduled for May 2025. (Image Credit/Source: schropferoval/Pixabay)
The projects will be developed in the regions of Bourgogne-Franche-Comté and Nouvelle-Aquitaine, France. (Image Source: Neoen)
The Noronha Verde initiative seeks to replace diesel power with photovoltaic energy and battery storage, transforming the archipelago’s energy profile. (Image Source: Neoenergia)
Bechtel will handle the design and construction of Rio Tinto’s latest solar initiative at the Kennecott site in Utah. (Image Credit/Source: Pixabay/Pexels)
Ameresco will design, build, and maintain the solar project at UCI Health over a 25-year power purchase agreement. (Image Source: Ameresco)