Germany awards 2.32 GW in large-scale PV tender

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From pv magazine Germany

Germany's Federal Network Agency (Bundesnetzagentur) has allocated 2,328 MW of PV capacity in the nation's latest tender for utility-scale solar.

It assigned the capacity across 226 bids. The new allocations exceed the capacity that the Bundesnetzagentur initially planned to hand out. The tender was oversubscribed, with 634 project proposals totaling 5.23 GW.

The average price came in at €0.0500 ($0.0593)/kWh, with final prices ranging from €0.0440/kWh to €0.0530/kWh.

From a regional perspective, the largest volume awarded was in Bavaria (901 MW), followed by Saxony Anhalt (282 MW) and Brandenburg (215 MW).

In the auction of the same kind held in mid-August, the German authorities allocated 2.27 GW with prices ranging from €0.0400/kWh to €0.0626/kWh.

In the previous auction of the same kind, around 2.15 GW of PV capacity was assigned, with prices ranging from €0.0388/kWh to €0.0495/kWh.

In the auction concluded in February, the German authorities allocated 2,150 MW of PV capacity across 242 bids. The auction's average price was €0.0476/kWh, with final prices spanning from €0.0388/kWh to €0.0495/kWh.

In another auction finalized in September 2024, the Bundesnetzagentur awarded 2.15 GW of PV capacity at a final average price of €0.0505/kWh, with final prices being between €0.0450/kWh and €0.0524/kWh.

In a procurement exercise held in May 2024, the allocated capacity was 2.23 GW of PV and the average final price was €0.0511/kWh. Final prices were between €0.0362/kWh and €0.0549/kWh.

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