What is the innovation tender?

The Innovation Tender solicitations were launched in 2020, and are open to project bids that combine two or more renewable or clean energy technologies. To date, it has seen only bids for solar PV and battery projects, but for the first time in the latest round, wind projects combined with energy storage received bids.

Does Germany have a solar-plus-storage innovation tender?

Image: Baywa r.e. The German Federal Network Agency (Bundesnetzagentur) has awarded 587MW of solar-plus-storage in its latest Innovation Tender. As has been the case in many of Germany’s recent solar PV auctions, the Innovation Tender ended up oversubscribed, with 154 bids made for 1.8GW of capacity out of 583MW tendered capacity.

What is enerparc's first solar-plus-storage project in Germany?

Image: Enerparc. Developer Enerparc has turned on its first solar-plus-storage project in Germany awarded under 2020/21’s Innovation Tender. The company announced the project in Büttel, Schleswig-Holstein was operational yesterday (12 April). A battery energy storage system (BESS) was installed at the 35MW Büttel solar park.

How many MW of solar-plus-storage capacity will be awarded?

Both capacity bid for and awarded were higher than the previous innovation auction held in July 2024, which awarded 512MW of capacity for solar-plus-storage projects. The Innovation Tender solicitations were launched in 2020, and are open to project bids that combine two or more renewable or clean energy technologies.

What is the carrying value of the solar and wind parks?

The carrying amount value of the solar and wind parks stood at EUR 370 Mio at the end of 2024. The group’s balance sheet remains very solid with an equity ratio of 43.6% implying a book value of EUR 2.69/share. In the absence of substantial capex, net debt has reduced to EUR 113.9 Mio. versus EUR 133.3 Mio in 2023.

What is the operational solar asset?

The operational solar asset consists of two installation parts – built on an old military site - which were commissioned in July/August 2015 respectively with land lease agreements until the end of 2045. The solar asset enjoys a FIT of EUR 89/ MWh and has a yield of over 1,000 kWh/kWp.