Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Germany's auction for large-scale solar concludes with average price of 0.0469/kWh
https://www.pv-magazine.com/2018/10/19/germanys-auction-for-large-scale-solar-concludes-with-average-price-of-e0-0469-kwh/Germany’s Federal Network Agency (Bundesnetzagentur) announced on Friday the results of parallel tenders for PV systems over 750 kW and on-shore wind power projects. A total of 37 PV projects with a combined capacity of 192 MW were awarded contracts in the tender.
According to the agency, bids for solar projects ranged from €0.0386/kWh and €0.0515/kWh per kWh, which meant the lowest bid was slightly below the result of the previous tender of the same kind (€0.0389/kWh). The highest bid was also higher than the highest reported in June’s tender, which was €0.0496/kWh.
Overall, 76 bids with a total capacity of 551 MW were submitted to the tender, meaning the 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 are on arable land in less-favored areas.
<more>
