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Germany Awards 2.15 GW of Solar Projects in Latest Auction
POWER & RENEWABLE ENERGY

Germany Awards 2.15 GW of Solar Projects in Latest Auction

Germany鈥檚 Federal Network Agency, Bundesnetzagentur, has allocated 2.15 GW of solar projects in its latest auction for first-segment solar installations. This marks the fifth consecutive auction where bids exceeded 4 GW, with 242 winning bids out of 524 submissions totaling 4.71 GW. Bid price...

Germany鈥檚 Federal Network Agency, Bundesnetzagentur, has allocated 2.15 GW of solar projects in its latest auction for first-segment solar installations. This marks the fifth consecutive auction where bids exceeded 4 GW, with 242 winning bids out of 524 submissions totaling 4.71 GW. Bid prices ranged from 鈧�0.0419/kWh to 鈧�0.0495/kWh, averaging 鈧�0.0476/kWh鈥攁 6 per cent drop from the previous round. Bavaria secured the largest share with 916 MW. For the first time, minimum nature conservation criteria were applied under Germany鈥檚 Solar Package I. The country added 16.2 GW of new solar capacity in 2024, reaching 99.2 GW in total.Contact: Federal Network Agency (Bundesnetzagentur)Website: www.bundesnetzagentur.de Email - [email protected] +49 (0)228 14 - 0

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