German utility-scale PV tender concludes with lowest price of €0.0469/kWh

From pv magazine Germany

Bundesnetzagentur, Germany’s network regulator, has announced the results of several recent tenders for PV, wind and biomass projects, as well as the outcomes of a tender focusing on innovative renewable energy technologies.

The PV tender, which was open to solar projects with capacities of up to 10 MW, involved 288 bids with a combined capacity of 1,504 MW. The regulator selected 103 projects totaling 620 MW.

The round’s final prices ranged between €0.0469 ($0.056) and €0.0518/kWh, which compares to a range of €0.0488 to €0.0526 in the previous round. The final average price was €0.0503/kWh, slightly down from €0.0510 in the last tender. 

In the innovation tender, photovoltaics was once again the big winner. Developers submitted bids for a total of 43 projects, with a combined output of 509 MW. All related to combined photovoltaic storage projects. Bundesnetzagentur awarded 18 contracts for systems with a total output of 258 MW.

The regulator said that the market premiums reached with hybrid project developers – paid on top of positive spot market energy prices – ranged from €0.0333 to €0.0488 per kilowatt-hour, for an average of €0.0450/kWh. In the previous tender, final prices ranged from €0.0194/kWh to €0.0552/kWh, with an average level of €0.0450/kWh.