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Latest auction flow chart for photovoltaic panels

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Prices are nominal; higher values for onshore wind in 2017-18 result from the United Kingdom''s contracts for difference (CfD) auction, and in 2021 are associated with a delayed project from

UK allocates more than 3 GW of solar through CfD

CfDs have been awarded to 93 solar projects totaling 3.288 GW of capacity, a new record for UK renewables auctions. Solar projects secured a strike price of GBP 50.07 ($64.25)/MWh, almost 18%...

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Latest auction flow chart for photovoltaic panels [PDF]

6 FAQs about [Latest auction flow chart for photovoltaic panels]

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.

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 many solar projects have been awarded a CFD?

Image: Medienservices, Pixabay CfDs have been awarded to 93 solar projects totaling 3.288 GW of capacity, a new record for UK renewables auctions. Solar projects secured a strike price of GBP 50.07 ($64.25)/MWh, almost 18% below the auction’s ceiling price.

How many bids were there in the 2023 solar auction?

The auction for first-segment solar installations that ended on 1 December 2023 was very significantly oversubscribed. There were 574 bids with a total volume of 5,485 megawatts ( MW) in the auction for a volume of 1,611 MW. This auction thus had the most bids and the largest bid volume ever for this technology.

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.

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.

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