0.27 yuan/kWh: the lowest bid price in a German solar tender

Germany's Federal Network Agency (Bundesnetzagentur) has announced that in its latest tender, 18 solar projects with a total generating capacity of 100.
6 MW have been allocated for PV projects
in the scale of 750 kW to 10 MW.

The tender was almost oversubscribed fivefold as the agency made a proposal
for 493 MW of project capacity.

The lowest winning bid of €0.
0355/kWh, equivalent to 0.
27 RMB/kWh, is the lowest ever in Germany, and the highest winning bid price in this tender is €0.
0521/kWh, equivalent to 0.
4 RMB/kWh
.

The average winning price of this round of tenders was €0.
0501/kWh, which was significantly lower than the average price of €0.
0568 for the same type of tender before December
.
However, the latest average electricity price is no better
than the 0.
0490 euros/kWh offered by the bidders in October last year.

Of the 18 projects allocated this time, 13 are located in Bavaria, southern Germany, with a total capacity of 75 MW
.
The remaining five projects are spread across Brandenburg, Mecklenburg-Vorpommern, Rhineland-Palatinate and Schleswig-Holstein
.

Bundesnetzagentur also allocated 523 MW of wind capacity
through a parallel 900 MW tender.
The winning price range of the 66 successful projects ranged from €0.
0576 to €0.
0620, with an average price of €0.
0618/kWh, slightly higher than the previous average of €0.
0611/kWh
.

Germany's next round of PV and onshore wind tenders will take place
on March 1.