Increased bid prices recorded in German PV tender

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For the first time since Germany launched pilot tenders in 2015, the average bid price between two rounds has increased, albeit slightly.

A total of 28 bids, totaling 183 MW, were awarded, Germany’s Federal Network Agency reported today. The average bid price was €0.0459/kWh – just slightly above the result of February’s tender, which saw €0.0433/kWh. The lowest bid was €0.0389/kWh, while the highest was €0.0496/kWh. These two values ​​are also above the results of February’s tender.

Again, many of the awarded bids – 13, totaling 90 MW – were for PV projects on agricultural lands. To date, only Bavaria and Baden-Württemberg have made such areas available for PV.

With 15 bids, Enerparc was able to secure, by far, the most projects, according to the list published by the Federal Network Agency.

The round was again clearly oversubscribed. A total of 59 bids with a volume of 360 MW were submitted to the Federal Network Agency for the June round. Only two bids were excluded because of form error.

“A clear oversubscription in combination with bid prices ​​below 5 cents again testifies to a high level of competition for large solar plants,” said Jochen Homann, President of the Federal Network Agency.

By July 2, the successful bidders must now pay the second security deposit, otherwise the bids will be canceled. Only then will the Federal Network Agency publish further details on the tender results.