50MW of PV capacity awarded to Danish companies in cross-border solar auction with Germany

Facebook
Twitter
LinkedIn
Reddit
Email
The 50MW worth of winning bids were awarded with a surcharge of EUR 5.38 cents per kWh. Image: Steve Rainwater / Flickr

The first cross-border PV tender in Europe stood as a success, as five companies based in Denmark secured 50MW worth of solar capacity in the German bidding process.

The 50MW worth of winning bids were awarded with a surcharge of EUR 5.38 cents per kWh. The award price is almost EUR 2 cents per kWh lower than the average supplementary price of the last national call for tender for open-air installations, which stood at EUR 7.25 cents per kWh.

This article requires Premium SubscriptionBasic (FREE) Subscription

Unlock unlimited access for 12 whole months of distinctive global analysis

Photovoltaics International is now included.

  • Regular insight and analysis of the industry’s biggest developments
  • In-depth interviews with the industry’s leading figures
  • Unlimited digital access to the PV Tech Power journal catalogue
  • Unlimited digital access to the Photovoltaics International journal catalogue
  • Access to more than 1,000 technical papers
  • Discounts on Solar Media’s portfolio of events, in-person and virtual

Or continue reading this article for free

European Energy won 50MW during the cross-border auction, with five subsidiaries receiving a tariff as part of the biding process. Each subsidiary submitted a bid for 10MW of installed capacity. As part of a condition of the tariff, these solar projects must be completed and connected to the grid within 18 months. With these new additions to its portfolio, European Energy now has more than 70MW of solar PV projects in Denmark with a secured tariff.

All supplements were granted to companies established in Denmark and linked to agricultural areas. This surface category is currently not permitted for open-air installations in Germany. 

During the auction, Germany’s Federal Network Agency (Bundesnetzagentur) received 43 bids with a volume of 297MW. 17 of those offers were related to projects with a bid of 154MW in Denmark and 26 bids with 143MW of German projects.

Additional bids from Germany will still be able to take part in the sixth round of the PV auction, which will be held until December 1. These projects can also participate in a Danish tender, which runs until December 8 and boasts an expected volume of 20MW.

Read Next

October 1, 2024
BayWa has published its financial results for the first half of the year, which include total revenues of €10.7 billion (US$11.9 billion).
September 26, 2024
SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.
Premium
September 26, 2024
Last week, Better Energy postponed the deployment of a 3GW solar PV portfolio in Denmark, blaming “lagging” demand for renewable power.
September 19, 2024
One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.
September 18, 2024
Sharp has launched four new PV modules for the rooftop solar sector, which include two bifacial modules with an output as high as 450W.
September 18, 2024
The company announced a 'strategic realignment' of its operations to 'ensure [a] return to profitability'.

Subscribe to Newsletter

Upcoming Events

Solar Media Events
October 7, 2024
Huntington Place Detroit, MI
Solar Media Events
October 8, 2024
San Francisco Bay Area, USA
Solar Media Events
October 15, 2024
Santiago, Chile
Solar Media Events
October 22, 2024
New York, USA