The latest round of the German PV tender program was largely oversubscribed.
Germany’s Federal Network Agency (Bundesnetzagentur) has allocated 2,295 MW of PV capacity in the country’s latest tender for utility-scale solar energy.
It has the capacity spread over 268 bids. The new allocations exceed the capacity that the Bundesnetzagentur initially wanted to distribute. The tender was oversubscribed, with 532 project proposals for a total amount of 5.62 GW.
The average price came to €0.0494 ($0.0580)/kWh, with final prices ranging from €0.0399/kWh to €0.0510/kWh.
From a regional perspective, the largest allocated volume was realized in Bavaria (693 MW), followed by Lower Saxony (340 MW) and Baden-Württemberg (333 MW).
In the previous auction, which concluded in February, the allocated PV capacity was 2,328 MW and the average price was € 0.0500/kWh.
At a similar auction held in mid-August, German authorities allocated 2.27 GW, with prices ranging from €0.0400/kWh to €0.0626/kWh.
In the previous round, approximately 2.15 GW of PV capacity was allocated, with prices ranging from €0.0388/kWh to €0.0495/kWh.
During the auction that concluded in February, the Federal Network Agency allocated 2,150 MW of PV capacity to 242 bids. The average price at the auction was €0.0476/kWh, with final prices ranging from €0.0388/kWh to €0.0495/kWh.
During another auction concluded in September 2024, the Bundesnetzagentur awarded 2.15 GW of PV capacity at a final average price of €0.0505/kWh, with final prices ranging between €0.0450/kWh and €0.0524/kWh.
In a tender in May 2024, the allocated capacity was 2.23 GW of PV and the average final price was € 0.0511/kWh. The final prices were between €0.0362/kWh and €0.0549/kWh.
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