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Bundesnetzagentur Awards 2,299 MW in Oversubscribed Solar Auction

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Germany's Bundesnetzagentur, or the Federal Network Agency, announced Tuesday that its latest solar auction received 4.62 gigawatts of bids against a tender volume of 2.3 GW.

The Federal Network Agency said the auction for ground-mounted solar photovoltaic projects and other eligible solar installations closed for bids on Mar. 1.

The Federal Network Agency's President, Klaus Muller, said the auction remained heavily oversubscribed, while successful bid prices declined again from the previous round.

The agency received 532 bids totaling 4.62 GW, of which 268 representing 2.3 GW secured awards, and 39 bids were excluded from the process.

Successful bids in the pay-as-bid auction ranged from 3.99 euro cents/kWh to 5.10 euro cents/kWh, with an average award value of 4.94 euro cents/kWh.

Bavaria secured the largest awarded volume at 693 megawatts across 106 winning bids, followed by Lower Saxony with 340 MW and Baden-Wurttemberg with 333 MW.

Projects located near motorways and railway lines received 123 winning bids totaling 1.026 GW, while disadvantaged farmland and grassland projects secured 760 MW across 73 bids.

Special solar installations secured 59 winning bids totaling 439 MW, marking a sharp increase from earlier rounds, as developers expanded projects combining solar power generation with agricultural land use.

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