āSignificant drop of price levelā in latest round of solar auctions
Federal Network Agency
An expansion of the available area for solar power plants has led to āa significant drop of the price levelā in the latest round of PV auctions in Germany, the Federal Network Agency (BNetzA) has said in a press release. The average support rate for new installations dropped by 0.9 cents per kilowatt hour (kWh) to 5.66 ct/kWh, the BNetzA said. The agencyās vice president Peter Franke said newly included agricultural and grassed areas in ādeprived regionsā in Bavaria and Baden-Wuerttemberg were responsible for the āunprecedentedā price drop. The BNetzA issued support licences for a total of 32 bids with a combined capacity of 201 megawatt.
Read the press release in German .
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