Germany's new round of large-scale photovoltaic bidding: price drops, oversubscription

The latest round of innovative tenders by the German Federal Network Agency (Bundesnetzagentur) awarded a total of 488MW of co-location project capacity, with all winning projects including co-location configurations of photovoltaic and energy storage.

A total of 158 bids were received for this innovative tender, with a total scale of a record 2GW.

In the end, a total of 29 "photovoltaic + Energy Storage" joint bidding projects were awarded, with a weighted average price of 0.0615 euros/kWh (about 0.0724 US dollars/kWh), and the price range of the winning projects was 0.05 euros/kWh to 0.0639 euros/kWh. This is a significant decrease from the average price of 0.0709 euros/kWh in the previous round of innovative tenders in October 2024.

As the tender size was reduced from 583MW in October 2024 to 488MW, the capacity awarded this time was also reduced.

Klaus Müller, head of the Federal Network Agency, said: "The latest round of innovative tenders set a record, with bids exceeding 2GW for the first time. This shows that the market's interest in various forms of Renewable Energy generation continues to rise."

Recently, Germany's ground photovoltaic and household photovoltaic tenders have been oversubscribed, reflecting the country's continued popularity of photovoltaic tender projects. The agency expects that the total amount of the two types of photovoltaic tenders will exceed 10GW in 2025, helping Germany achieve its photovoltaic development goal of 215GW installed capacity by 2030. According to data from the German Federal Network Agency, Germany has exceeded the 100GW photovoltaic installed capacity mark earlier this year.

Among them, the southeastern federal state of Bavaria has the largest installed capacity, with 12 projects totaling 137 MW, followed by Saxony-Anhalt and Lower Saxony, with 124MW and 49MW respectively.

The total bidding volume of the 2025 innovation tender is 900MW, which will be evenly distributed in two tenders. The next tender will be held on September 1, 2025.

Three months ago, the German Federal Network Agency announced the bidding of 2.638GW large-scale ground photovoltaics, and the oversubscription phenomenon of the tender was also obvious.

In terms of price, the price of large-scale ground Power Stations is significantly lower than that ofrooftop photovoltaics. In December 2024, Germany set the maximum price limit for the 2025 rooftop photovoltaic tender at 0.104 euros/kW. And displayed part of the list of this round of bidding.