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).
Aiming to support Malaysia’s 31% renewable goal by 2025, Masdar’s study could pave the way for large-scale floating solar in Southeast Asia. (Image Source: Masdar)
Avangrid’s Camino Solar project will generate power for approximately 14,000 US homes and is expected to create $15 million in local tax revenue. (Image Source: Avangrid)
Poland’s solar sector is set to benefit from Suntech’s advanced TOPCon modules under a new 200 MW distribution partnership. (Image Source: Suntech/ Linkedin)
Telecrown’s order from RRP Semiconductor includes silicon solar cells and polycrystalline materials for Maharashtra’s growing renewable energy sector. (Image Credit/Source: fietzfotos/Pixabay)