€0.0518/kWh Average Winning Bid For German Solar Tender

Bundesnetzagentur: 51 Solar Power Projects With Over 301 MW PV Capacity Selected For 2nd Technology Specific Auction In Germany For 2020
05:35 AM (Beijing Time) - 29. March 2020
Presentation1

During the two solar PV tenders concluded this year in Germany, the average winning bid went up slightly from €0.0501 per kWh to €0.0518 per kWh while the lowest winning bid for March 2020 has grown substantially.

Key Takeaways

  • Germany has announced results of its second technology specific solar power auction
  • It awarded 301.2 MW capacity for the 300 MW tender with average winning bid of €0.0518 per kWh
  • Lowest and highest winning range was €0.0464 per kWh to €0.0548 per kWh as against the ceiling tariff of €0.0750 per kWh

The Federal Network Agency of Germany (Bundesnetzagentur) has selected 51 solar power projects representing 301.208 MW capacity in the 2nd technology specific tender it launched this year on March 1, 2020. Tender volume available for this round was 300 MW.

Of the 51 projects selected, 34 will be located in Bavaria region.

The lowest winning bid received was €0.0464 per kWh and the highest was €0.0548 per kWh, while the average winning bid was €0.0518 per kWh. The ceiling tariff for this tender was fixed at €0.0750 per kWh. Details of the winners or winning projects were not disclosed.

Winning bids for the 300 MW wind power tender were higher when compared to the solar power tender as the average winning bid was €0.0607 per kWh even though tariffs were capped at €0.0620 per kWh.

In the first solar auction of the year, the agency awarded 100.55 MW with an average winning bid of €0.0501 per kWh in February (see Record Low €0.0355 Winning Bid In German Auction).

The next solar power tender is scheduled to take place on June 1, 2020 with 150 MW to be won.

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani