Latest auction of photovoltaic panels

Where can I find information about the solar auction?

Information on the next steps concerning the auction for first-segment solar installations that ended on 1 December 2023 is available on the Bundesnetzagentur's website at The updated bidding round statistics will be published shortly.

How much does a solar project cost in the UK?

Solar projects secured a strike price of GBP 50.07 ($64.25)/MWh, almost 18% below the auction’s ceiling price. Strike prices in UK CfD auctions are expressed in 2012 prices, with the generator receiving the equivalent adjusted for inflation. In total, 131 bids were successful at the CfD auction.

What is the record contracts for difference (CFDs) auction for UK solar?

Record contracts for difference (CfDs) auction for UK solar results in more than 90 projects securing fixed-price contracts. It follows intervention from the new UK government in summer 2024 to increase the auction budget. Strike prices achieved for all renewables technologies were well below the auction’s ceiling price.

Was the solar auction oversubscribed?

The auction was nearly three times oversubscribed, with a volume of 5.48 gigawatts (GW) bid for the auction volume of 1.61 GW. Competition led to low winning bids," said Klaus Müller, President of the Bundesnetzagentur. The auction for first-segment solar installations that ended on 1 December 2023 was very significantly oversubscribed.

How many homes will be powered by the 6th renewables auction?

Sixth renewables auction delivers record smashing 131 clean energy projects powering equivalent of 11 million homes. Millions of homes and businesses across Britain will be powered by a new supply of clean, cheap, homegrown energy as a record number of projects receive funding through the government’s most successful renewables auction to date.

How many ground-based solar projects have been awarded?

In the sixth allocation round, 93 ground-based solar projects, totalling 3,288MW, have been awarded contracts. This is a significant increase from the 66 projects awarded in the previous round. The newly awarded projects include a large solar farm, Longfield in Hertfordshire, which has received a contract for 299MW of its planned 420MW.