R Power has secured 115MW of hybrid solar and storage capacity in Germany’s latest EEG Innovation Auction.
The company said two of its subsidiaries were awarded 20-year support contracts from the Federal Network Agency for photovoltaic and battery energy storage projects.
The EEG mechanism guarantees revenue stability by compensating projects for the difference between their auction bid price and the monthly average spot market electricity price.
“Winning Germany’s EEG Innovation Auction confirms the competitiveness and maturity of our hybrid PV + BESS model,” said Przemek Pięta, chief executive and founder of R.Power. “This success strengthens our footprint in one of Europe’s most advanced renewable markets and reflects our long-term vision of integrating solar generation with storage as a foundation of the future power system.”
R.Power said the projects will deliver clean, flexible and reliable energy to the German grid, supporting system stability and renewable market integration.