Germany’s federal grid agency, Bundesnetzagentur has revealed that the latest auction for large-scale PV projects held in October – which was also open to PV projects larger than 10 MW provided they are located in “bauliche anlagen” – has awarded one of the contracts to a 69 MW PV power project.
Furthermore, the German grid agency has revealed it has granted contracts to four projects totaling 165.4 MW, which are planned to be built in these “bauliche anlagen” in the regions of Mecklenburg-Vorpommern and Saxony. This capacity represents around two thirds of all allocated capacity. Of the four bids, three were for projects exceeding 10 MW, the Bundesnetzagentur specified.
Overall, the agency had allocated 222.2 MW of PV capacity for a total of 20 projects in the auction. For the first time, the average price at which the auction concluded has crossed the €50/MWh threshold. According to the Bundesnetzagentur, in fact, the final average price was €49.1/MWh, while the lowest successful bid was €42.9/MWh. The agency also said that all selected developers have paid-off their project guarantees.
Most of the winning bids for October’s auction were for solar projects located in Bavaria. The combined capacity of the region’s project was around 44.8 MW. The auction, for which 110 projects with a combined capacity of 750 MW were submitted, was massively oversubscribed. Offerings ranged between €42.9/MWh to €7.20 MWh.
Projects selected in the auction must be connected to the grid by the end of April 2019, if developers are not available to accept a price reduction by €3/MWh. If this reduction will be accepted, the projects’ completion must be achieved by the end of October 2019.
This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: email@example.com.
By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.
Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.
You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.
Further information on data privacy can be found in our Data Protection Policy.