The price for solar power came in well below that of onshore wind once more in Germany’s first round of tenders this year, amid an ongoing permitting malaise in Europe’s biggest wind market.
The average price for PV reached €48.00 per megawatt hour of successful bids as 178MW were tendered off, remaining close to the very low average of €46.90/MWh in a similar round in late 2018.
The solar auction was heavily oversubscribed, with bids totaling 465MW.
In wind power, by contrast, the first auction in 2019 was again undersubscribed as in previous tendering rounds last year.
