409 MW of new PV capacity installed in Germany in August, average renumeration reaches new low

For the month of August, newly installed PV systems with a total of 409.3 MW were reported to the German Federal Network Agency (Bundesnetzagentur, BNetzA). This is 6.4 percent less than in July (437.1 MW), but 27.3 percent more than in August 2019 (321.6 MW). From January to August of this year, a total of almost 3.21 GW of solar power capacity was added. Projected for the year as a whole, this would amount to around 4.81 GW, which would correspond to an increase of almost 25 percent over the previous year. However, the autumn and winter months are expected to see a rather below-average increase and thus a downward revision of the projected figure. A total of 52.67 GW of cumulated PV capacity is currently registered in Germany.
The revenues that can be generated for the various types of systems for a grid connection in August (each valid for 20 years of operation) in accordance with the German Renewable Energies Act (Erneuerbare-Energien-Gesetz, EEG) range from 5.18 euro cents/kWh (6.06 ¢; average surcharge value for tenders) to 8.90 euro cents/kWh (10.42 ¢; fixed feed-in-tariff for roof-mounted systems up to 10 kW). The BNetzA data show that the new systems installed in August will generate average revenues of 7.14 euro cents (8.67 ¢). This is a new low, the previous record stood at 7.33 euro cents last June. For nine months now, the value has been below the eight euro cents mark.
Of the total of 16,140 Entries to the BnetzA-database for August, 81.4 percent are attributable to small rooftop systems up to ten kW, although this category only accounts for 24.0 percent of the newly installed capacity. Only 0.1 percent of the entries are in the 750 kW and above category, but with 105.2 MW these systems account for 25.7 percent of the output. 18.5 percent of the registrations and 50.3 percent of the output are accounted for by systems between ten and 750 kW.

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