Federal Network Agency president Jochen Homann said the price decline was evidence of the effective competition between ground-mounted PV systems.
Highest winning bid still below €0.08/kWh
Average bid amount was €0.073 per kWh. In the previous fourth bidding round the average bid amount was €0.0741 per kWh. The highest winninng bid was still below €0.08 per kWh, according to the agency, which did not disclose the lowest bid amount.
The fifth solar auction for 125 MW was again well oversubscribed, with 62 bids for a total of 311 MW tendered. Nine bids were disqualified due to errors.
Due to EU-regulations biddings for larger solar plants are introduced in all member states. Solar self-consumption from PV installations up to 750 kW is still renumerated through the feed-in-tariffs in Germany. (HCN)
Related News: