Germany’s first utility-scale solar auction of the year concluded with prices ranging from €0.0529 ($0.059)/kWh to €0.0730/kWh. The procurement event was significantly oversubscribed.
1,952 MW
Germany’s federal grid management agency (Bundesnetzagentur) allocated 1,952 MW of installed PV capacity in the country’s first utility-scale solar tender this year, out of a total of 245 bids, slightly exceeding the 1,950 MW that Bundesnetzagentur had originally planned to allocate.
The agency set a maximum electricity price of €0.0737 ($0.081)/kWh for the auction. Final average electricity price of €0.0703/kWh, ranging from €0.0529/kWh to €0.0730/kWh
Southern Bavaria received the largest share of allocated capacity with 845 MW, followed by Brandenburg with 223 MW and Rhineland-Palatinate with 163 MW.
851 MW & 755 MW
The Bundesnetzagentur also revealed that some 851 MW were allocated to projects on arable land and grasslands in underdeveloped areas, and another 755 MW was awarded to photovoltaic projects along highways and railways.
“For the first time since June 2022, the number of bids received significantly exceeds the planned capacity,” said Klaus Mller, chairman of the Bundesnetzagentur. “We have never received so many bids in a tender. The question now is to keep this high level bids to facilitate the necessary expansion over the long term.”
The agency allocated 609 MW of solar capacity in previous large-scale PV tenders. It was also oversubscribed that time, and the final average price was €0.0580/kWh, which was slightly higher than the €0.0510/kWh purchased in the previous round.
Bidding prices range from €0.0520/kWh to €0.0590/kWh.
The Bundesnetzagentur, which will hold its next ground-mounted PV tender on July 1, said it wanted to allocate 1,611 MW and would also accept project proposals for solar power plants with a capacity of up to 100 MW for the first time.