Germany’s auction for large-scale solar below €0.04/kWh

Price drop continued in the first round of the 2018 tender series. The final average price of solar bids was €0.0433/kWh, a value which is quite below that of the tenders for wind power. The agency has also revealed that the lowest bid was €0.0386/kWh, while the highest offer was €0.0459/kWh. More info here.