Germany completed the first round of renewable energy project tenders with an installed capacity of more than 900 MW

Germany's Federal Network Agency this week announced the first round of onshore wind and solar projects in 2018, awarding more than 100 independent power projects with a cumulative total of more than 900 megawatts
.

Bundesnetzagentur (German Federal Network Agency) revealed that wind and solar power projects were tendered separately and were not related, but the results were instructive and at least showed the current momentum of renewable energy in Germany: the 200 MW solar tender was oversubscribed by 173%, but the 700 MW wind tender was only 41%
oversubscribed.

In the end, Germany won a total of 83 709 MW wind power bids and 54 546 MW solar power bids in the first round of renewable energy project tenders in 2018
.

The bid price of this round of wind power projects is 38 euros/MWh-52.
8 euros/MWh, that is, the average winning bid price is 47.
3 euros/MWh, which is equivalent to 4.
73 euro cents (about 0.
037 yuan) per kWh, higher than the average price
of 38 euros/MWh in the previous round of wind power tenders.

The winning bid price of solar power generation is 38.
6 euros/MWh-45.
9 euros/MWh, and the average winning bid price is 43.
3 euros/MWh, that is, 4.
33 euro cents (about 0.
034 yuan)
per kWh.
This is a new low in the price of solar electricity in recent years, and it also proves once again that solar power is more cost-competitive
.

In fact, the average winning bid price for solar in Germany has fallen by almost 30%
since 2015.
The tender is expected to play an important role in the development of large-scale solar energy in Europe and globally, and it will also be a very effective tool
in increasing solar energy deployment.