Germany’s 1.61 GW Solar Auction Oversubscribed by a Record 240%

The volume-weighted average award price was €0.0517/kWh

February 2, 2024

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Germany’s auction to install 1.61 GW of ground-mounted solar photovoltaic (PV) systems was oversubscribed by 240%, setting a new record, according to data released by the federal network agency Bundesnetzagentur.

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Arshreet Singh

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Germany’s 1.61 GW Solar Auction Oversubscribed by a Record 240%

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