“Strong competition” in 1st solar tender following renewables reform
There was “strong competition” in the first solar tender following this year’s changes in Germany’s Renewable Energy Law, according to the Federal Grid Agency (BNetzA). Winning bids for arrays with a capacity of more than 750 kilowatts averaged 6.58 cents/KWh, compared to 6.90 cents/KWh in the previous auction. Bids totalled 488 megawatts, more than twice the auction volume of 200 megawatts. Of the 38 winning bids, 9 were for projects on buildings and structures that could participate in the tender for the first time.
Read the press release in German here.
Find background in the CLEW dossier The reform of the Renewable Energy Act.