Record-low prices in German solar power auction

Solar power proves once more that it has reached a cost level that is hard to compete with.

An auction for German solar power projects of 200 megawatts has resulted in record-low prices at an average 5.66 euro cents per kWh. Deals were made in the auction for 32 projects with total capacity of 201 MW, writes Germany's Bundesnetzagentur in a press release.

This marked the second of three German auctions this year of 200 MW each. During the first auction in February, all time low prices emerged at an average 6.58 euro cents, and the second auction thus broke this record.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from EnergyWatch

Further reading

Related articles

Latest News

See all jobs