The German Federal network regulator (Bundesnetzagentur, BNetzA) has launched a new 200 MW solar PV tender with a deadline set on 1 October 2017. The maximum bidding price has been set at €8.84c/kWh. Bids with the lowest price will be selected until the maximum volume is reached. This round also gives the possibility to issue bids for projects on arable land and grassland areas in disadvantaged areas in Baden-Württemberg and Bavaria.
Since the beginning of 2017, solar and wind power projects bigger than 750 kW have to compete in tenders in order to secure power purchase deals, as feed-in tariff (FiT) contracts are no longer available. The last tenders took place in January 2017 and June 2017 while the awarded capacities amounted respectively 200 MW and 201 MW. The German solar market is becoming increasingly competitive and showed strong cost reduction. In June 2017, bidding rates dropped to an average of €5.66c/kWh (from €6.58c/kWh in January 2017), while the highest aggregate value of the tender reached only €5.9c/kWh (€6.00c/kWh in January).
Do you want to become an expert on renewable energies auctions?
Discover our very detailed and regularly updated RES auctions database with worldwide coverage and a technical focus backed by academic research.
With our renewable energies auctions service you will be able to monitor auctions at a global level. Its (expanding) scope notably includes all major G20 countries and offers an especially fine tracking on Europe and South America.