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German Renewable Sector Rebounds with Oversubscribed 1.95 GW Solar Auction

A total of 347 bids totaling 2.87 GW were submitted

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In what indicates a possible revival in Germany’s renewable sector, the country’s solar auction was oversubscribed with 347 bids totaling 2.87 GW submitted for a tendered quantity of 1.95 GW of ground-mounted and non-building solar systems, according to the Federal Network Agency (Bundesnetzagentur).

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