Price falls at oversubscribed German solar auction

Average price for successful bids falls to €54.70/MWh as developers rush into auction before support-cap kicks in

Solar panels at Berlin water utility. — Solar panels at Berlin water utility.Foto: Andreas Rentz/Getty Images

Bernd Radowitz in Berlin

Published 19 June 2019, 08:45Updated 19 June 2019, 13:10