“Support rates for pv installations slightly down”
Financial support for pv installations in Germany has fallen slightly for plants starting operation in the second quarter of 2017, the Federal Grid Agency (BNetzA) said in a press release. Remuneration for small pv plants fell from 12.30 to 12.27 cents per kilowatt hour (kWh), because Germany only slightly missed its expansion target of 2,500 megawatt (MW) by adding about 2,150 MW of pv capacity. “The decrease is stronger if gross expansion exceeds the expansion corridor,” the agency said, adding that “a significant undershooting would instead lead to higher remuneration rates”.
Read the press release in German here.
For more information, see the CLEW factsheet Germany ponders how to finance renewables expansion in the future.