Germany's Latest Renewable Tenders Attract 163 Bids Totaling 2,182 MW
Germany's recent renewable energy tenders have seen significant interest, with a total of 163 bids amounting to 2,182 MW. The awarded capacities were led by Bavaria with 122 MW, followed by Schleswig-Holstein with 54 MW and Brandenburg with 52 MW. These tenders primarily focus on PV projects combined with energy storage.
The awarded tariffs in the latest tender ranged from €0.0479/kWh to €0.0559/kWh, with an average price of €0.0531/kWh. A tender finalized in October 2023 assigned 32 projects with a total capacity of 408 MW, with final tariffs ranging from €0.077/kWh to €0.0878/kWh and an average price of €0.08/kWh. In another tender held in October 2024, 50 projects with a total capacity of 587 MW were awarded, with final prices ranging from €0.0674/kWh to €0.0745/kWh and an average price of €0.0709/kWh. The German authorities have shown a consistent trend in supporting PV projects with energy storage, as seen in various tenders throughout the year.
Germany's renewable energy tenders continue to attract substantial interest, with a growing focus on PV projects combined with energy storage. The awarded capacities and tariffs vary per tender, with recent averages around €0.0531/kWh to €0.0833/kWh. These tenders play a crucial role in driving the country's renewable energy transition.
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