Germany: New Round of Ground-Mounted PV Tender Oversubscribed, Winning Electricity Prices Continue to Decline

The German Federal Network Agency recently announced the results of the tender for ground-mounted PV projects conducted on March 1, 2025. This round of tender once again saw oversubscription, reflecting the continued strong market enthusiasm.

A total of 420 bids were received in this tender, with a combined capacity of 3.839 GW, significantly higher than the 2.625 GW tender capacity offered. Ultimately, 271 projects were awarded, with a total awarded capacity of 2.638 GW, slightly exceeding the original target.

Klaus Müller, President of the Federal Network Agency, stated, "The Federal Network Agency welcomes the development in the field of ground-mounted PV systems. These projects have regulatory capabilities and can flexibly adjust the grid-connected electricity according to the demand in the electricity market."

The awarded projects were widely distributed geographically, with Bavaria leading the total awarded capacity at 607 MW, followed by Brandenburg (367 MW) and Lower Saxony (315 MW).

Müller added, "This round of bidding continues to show extremely high participation, with competition levels remaining high, and the awarded electricity prices continue to decline."

The tender set a price cap of €0.0680/kWh, while the actual awarded electricity prices were significantly lower than this. The awarded electricity price range was: €0.0399/kWh (approximately $0.045/kWh) - €0.0488/kWh (approximately $0.055/kWh), with a weighted average awarded electricity price of €0.0466/kWh (approximately $0.053/kWh).

The previous round of tender in this category was held on December 1 last year, with a weighted average electricity price of €0.0476/kWh, and 2.15 GW of projects were awarded.

The next round of tender in this category is scheduled for July 1, 2025.