The Bundesnetzagentur has disclosed the results of the ground-mounted PV and first-segment solar installation auctions held on December 1, 2023. The latter saw an unprecedented 574 bids totaling 5,485 MW, surpassing the allotted volume of 1,611 MW. Notably, individual bids exceeding 20 MW, totaling 1,986 MW, were accepted for the final time. Ultimately, 124 successful bids were secured, amounting to 1,613 MW, with prices ranging from 4.44 to 5.47 cents per kilowatt hour (ct/kWh).
Bundesnetzagentur’s latest solar auction sees historic low bid prices
Prices in Bundesnetzagentur’s latest solar auction hit historic lows, ranging from 4.44 to 5.47 ct/kWh, signaling a transformative era for solar energy affordability. (Image Credit: SolarBytes).
The Mockingbird Solar Center invests $500 million in renewable energy and creates 550 jobs in Texas. (Image Credit/Source: MarkStebnicki/Pexels)
The $529 million Vikings project supports grid stability by shifting daytime solar energy to meet peak demand periods. (Image Credit/Source: NadeemJafar/Pexels)
The dual-use project integrates agriculture under solar panels and floating aquaculture with energy storage. (Image Source: PRNewswire)
The Horsham project combines solar and battery storage, supporting grid stability and peak demand management. (Image Credit/Source: Atimedia/Pixabay)