Germany Federal Network Agency has announced its first tender of 1,550 MW capacity for offshore wind, targeting to achieve commercial operation by 31 December 2020.
The maximum bidding rate set by the Federal Network Agency (Bundesnetzagetur) for the tender is €0.12 (US$0.13) per kWh or €120 per MWh. The deadline for bids is April 1.
The second tender for offshore wind in Germany will take place on 1 April 2018, when further 1,550MW will be offered. The total volume of the two tenders therefore amounts to 3,100MW, with at least 500MW of offshore wind capacity to be built in the Baltic Sea. The Bundesnetzagentur has approved a plan for the offshore grid development by 2025, which includes capacity for the offshore wind projects that win the tenders.
In 2021-2025 the German government wants to limit offshore wind installations as it needs time to complete high-voltage transmission projects.
The German Federal Maritime and Hydrographic Agency issued in the planning permission for the Gode Wind 3 project.
Read moreThe Hamburg-based CEE Group continues to expand its wind portfolio and is acquiring the Gollenberg wind farm currently under construction in Rheinland-Pfalz.
Read moreVattenfall has launched the process to sell two German waste to energy power plants, Lauta and Rüdersdorf to STEAG.
Read moreThe African Development Bank (AfDB) has announced it has approved a financing package of US$100 million, comprising US$50 million equity and US$50 million convertible senior loan, to seed the Facility for Energy Inclusion (FEI), a pan-African renewable energy debt fund.
Read morePNE WIND has signed a contract representing the largest onshore wind farm sale in the company's history. The 142 MW wind farm portfolio has a total enterprise value exceeding €330 million (US$345 million).
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