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Germany’s auction for large-scale solar concludes with average price of €0.0469/kWh


Germany’s auction for large-scale solar concludes with average price of €0.0469/kWh

The final average price was slightly higher than that of the previous auction of the same kind. Successful bids were between €0.0386/kWh and €0.0515/kWh per kWh. Unlike the parallel wind energy tender, the tendered capacity was significantly oversubscribed, once again.

Germany’s Federal Network Agency (Bundesnetzagentur) announced on Friday the results for parallel tenders for photovoltaic systems over 750 kW and on-shore wind power projects. A total of 37 photovoltaic projects with a combined capacity of 192 MW was awarded a contract in the tender. According to the agency, bids for solar projects ranged from €0.0386/kWh and €0.0515/kWh per kWh, which meant that the lowest bid was slightly below the result of the previous tender of the same kind (€0.0389/kWh). At the same time, the highest bid was also higher that the highest reported for June’s tender, which was €0.0496/kWh.

Overall, 76 bids with a total capacity of 551 MW were submitted for the tender. This round was clearly oversubscribed. “In the case of solar tenders, there is still a high level of competition for EEG subsidies,” said Federal Network Agency President Jochen Homann. Only three bids were excluded because of formal errors.

Most of the winning projects – 14 – are located in the southern region of Bavaria. According to Bundesnetzagentur data, only four of these projects are on arable land in less-favored areas.

The list of the selected projects this time shows a wider dispersion among the actors. Enerparc, which cleared more than half of all projects in the preliminary round, this time secured six bids. After all, five projects each were awarded to Hallertauer Handelshaus GmbH and TEP Merkur GmbH & Co.KG.

The parallel wind power tender, however, showed a different picture. For a capacity of 670 MW only 62 bids had been submitted with almost 400 MW. In total, the Federal Network Agency awarded 57 projects with a total output of 363 MW in the round. The awarded tariff was between €0.0500 and €0.0630 per kilowatt hour. The average aggregate value was indicated by the authority at €0.0626 per kilowatt hour.

The next technology-neutral tender, in which photovoltaic systems will have to compete with on-shore wind power, will be held on November 1. In the first round held in April, all projects went to solar PV.

Source PV Magazine

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