German solar bids fall below EUR50/MWh for first time
The average winning bid in Germany’s latest 200 MW solar tender has fallen below EUR50/MWh for the first time, according to Federal Network Agency. It awarded a total of 222 MW of capacity with bids ranging from EUR42.9/MWh to EUR50.6/MWh. The average was EUR49.1/MWh. A total of 110 bids amounting to 754 MW were submitted. The previous record was an average of EUR56.6/MWh, set In June 2016.
Germany’s Federal Network Agency (Bundesnetzagetur) announced today that the average winning rate in the country’s latest 200-MW solar tender has fallen below the EUR 0.0500 (USD 0.0590) kWh mark for the first time.

The agency said in a statement it has awarded a total of 222 MW of capacity in the tender, with bids ranging from as low as EUR 0.0429/kWh to EUR 0.0506. The average rate was EUR 0.0491/kWh.

In June 2016, the Federal Network Agency concluded a solar tender in which rates dropped to an average of EUR 0.0566/kWh.

In the latest tender, a total of 110 bids were submitted, targeting a combined capacity of 754 MW. The tender allowed projects on arable land to compete for contracts, as long as they are planned for less-favoured areas in Baden-Wuerttemberg and Bavaria. The quota for the latter state was exhausted with 45 MW of winning projects.

Three of the winning bids envisage the construction of 20-MW solar parks at industrial sites. The average bid size in the tender was for 6.9 MW.

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