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Home - Policy - Germany awards 2.15 GW to PV tender with the lowest bid of €0.0450/kWh – SPE
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Germany awards 2.15 GW to PV tender with the lowest bid of €0.0450/kWh – SPE

solarenergyBy solarenergySeptember 3, 2024No Comments1 Min Read
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German authorities have awarded 2.15 GW of utility-scale solar power in a new tender, with bids ranging from €0.0450 ($0.05)/kWh to €0.0524/kWh. The tender was oversubscribed to 4.2 GW.

September 2, 2024 Sandra Enkhardt

By pv magazine Germany

Germany’s Federal Network Agency (Bundesnetzagentur) has allocated 2,152 MW of PV capacity in the country’s latest tender for utility-scale solar energy.

It has allocated the capacity for 268 bids. The tender was significantly oversubscribed, with 495 project proposals for a capacity of 4,206 MW.

The average final price was €0.0505/kWh, with final prices varying between €0.0450/kWh and €0.0524/kWh.

In the country’s last PV tender, held in May 2024, the Bundesnetzagentur allocated 2.23 GW of PV at an average final price of €0.0511/kWh, with final prices ranging from €0.0362/kWh to €0 .0549/kWh.

In the latest tender round, a size limit of 50 MW was imposed on selected projects for the second time. Previous tenders had a limit of 20 MW.

This content is copyrighted and may not be reused. If you would like to collaborate with us and reuse some of our content, please contact: editors@pv-magazine.com.

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See also  Ghana Plans Renewable Energy Investment Fund - PV Magazine International
0.0450kWh awards bid Germany lowest SPE tender
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