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Solar biddings Germany: average bid amount for €0.073 per kilowatt hour

Federal Network Agency president Jochen Homann said the price decline was evidence of the effective competition between ground-mounted PV systems.

Highest winning bid still below €0.08/kWh

Average bid amount was €0.073 per kWh. In the previous fourth bidding round the average bid amount was €0.0741 per kWh. The highest winninng bid was still below €0.08 per kWh, according to the agency, which did not disclose the lowest bid amount.

The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. Nine bids were disqualified due to errors.

Due to EU-regulations biddings for larger solar plants are introduced in all member states. Solar self-consumption from PV installations up to 750 kW is still renumerated through the feed-in-tariffs in Germany. (HCN)

Related News:

http://www.pveurope.eu/News/Markets-Money/Solar-farms-UK-Lightsource-connects-first-contracts-for-difference-projects

https://www.pveurope.eu/financing/france-making-speed-its-energy-transition-new-tenders-announced-20-gw-pv-2023