Lowest bid for solar tender in Germany was well below 5 ct/kWh
Post date: 21/10/2019 - 15:56
German Federal Network Agency has awarded the solar energy tender for the bid date October 1, 2019. Accordingly, 153 bids with a capacity of 648 MW were submitted. The tendered quantity of 150 MW thus was significantly oversubscribed. In total, the Federal Network Agency awarded 27 contracts for a solar capacity of 153 MW to be built. The contracts were awarded predominantly to bidders in Bavaria (19 with 130 MW).
The values of the bids awarded ranged between 4.59 Eurocents (¢5.12) per kilowatt hour (ct/kWh) and 5.20 ct/kWh (¢5.81). The average, quantity-weighted surcharge value was 4.90 ct/kWh (preliminary round 5.47 ct/kWh). In this tender round, eleven bids were excluded due to formal errors or delayed access.
At the same time, a tender for onshore wind turbines has been awarded. As in the preliminary round, the values of the bids awarded ranged from 6.19 ct/kWh to a maximum of 6.20 ct/kWh. The average value is 6.20 ct/kWh. The tender was massive undersubscribed. With a tendered quantity of 675 MW, only 25 bids with a volume of 204 MW were awarded.
The next joint tender date for both technologies is November 1, 2019. The next technology-specific tenders for solar and onshore wind energy are December 1, 2019.