Germany Allocates 665 MW of Solar Projects in Latest Auction
The tenders were floated for 510.34 MW of ground-mounted solar projects, and 150 MW of rooftop solar projects
July 20, 2021
German Federal Network Agency Bundesnetzagentur has announced the auction results for ground-mounted and rooftop solar projects.
The last date for the submission of bids was June 1, 2021. The maximum value for the bidding was €0.059 (~$0.070)/kWh.
The agency selected 95 ground-mounted solar projects with 513.25 MW capacity, with an average quoted price of €0.050 (~$0.059)/kWh. The lowest bid quote for ground-mounted solar tender was €0.046 (~$0.055)/kWh, and the highest was €0.059 (~$0.070)/kWh.
The agency also announced the auction result for rooftop solar projects.
The last date for the submission of bids was June 1, 2021. The maximum value for the bidding was €0.090 (~$0.11)/kWh. The agency selected 114 projects with 152 MW capacity, 2 MW more than its planned allocation capacity of 150 MW.
The lowest bid quoted for rooftop solar tender was €0.0535 (~$0.063)/kWh, and the highest was €0.0789 (~$0.093)/kWh. The average quoted price for the tender was €0.0688 (~$0.081)/kWh.
According to the agency, the next round of tender for rooftop solar systems of 150 MW capacity is scheduled for December 1, 2021. The next in the series of tenders for ground-mounted solar projects of 509.52 MW is scheduled for November 1, 2021.
In its previous auction in December 2020, the agency auctioned an overall 664 MW of wind and solar projects. The agency had received a total of 45 bids aggregating 264.15 MW of solar projects for its 256.9 MW solar tender. The lowest bid quoted for the solar tender was €0.048 (~$0.059)/kWh, and the highest was €0.052 (~$0.064)/kWh. The average quoted price for the tender was €0.051 (~$0.062)/kWh. The surcharges are expected to be announced on December 28, 2020.
In Bundesnetzagentur’s solar auction held in October 2020, the tender for 96.4 MW of solar projects was oversubscribed and received 87 bids for about 393.3 MW of projects. The agency was to award 30 bids for around 103.1 MW of projects with tariffs ranging between €0.049 (~$0.058)/kWh and 0.054 (~$0.063)/kWh.
According to the latest numbers announced by the agency, Germany’s solar photovoltaic installations in April 2021 totaled 619.5 MW, an increase of 59 MW (10.5%) compared to 560 MW installed in March 2021. The country plans to enhance the cumulative capacity of solar to 83 GW in 2026 and 100 GW in 2030.