European consortium wins 100 MW PV tender in Kosovo with $0.0524/kWh bid
Consortium of 🇽🇰-🇨🇭diaspora Orllati, Holdigaz🇨🇭, ZVP🇩🇪 & Jaha🇽🇰, placed the winning bid at ☀️ #eAuction, at €48.88/MWh!
We look forward to cooperating with them & thank all bidders for their vigorous engagement, 🇺🇸 Gov @USEmbPristina & @USAIDKosovo for the unwavering support! pic.twitter.com/u2O7JnWGL2
— Artane Rizvanolli (@Artane_R) March 29, 2024
The group, which includes Kosovan solar company Jaha, Swiss energy company Holdigaz, and German developer ZPV, offered a bid of $0.0524/kWh.
The authorities pre-selected six bidders for the tender’s final phase. The other five bids included two consortia from Turkey. One of the groups consisted of Calik Group and Limak Holding, while the other was led by construction engineering company Güriş. The government also shortlisted Germany-based Notus, French renewables developer Akuo Energy, and Egypt’s Elsewedy Electric.
The tender was launched in July 2023. It was Kosovo’s first solar auction and attracted more than 160 expressions of interest, according to Prime Minister Albin Kurti.
The plant will be built on public land and leased to the successful bidder for up to 30 years, backed by a 15-year PPA with Kostt, the national market operator.
Figures from the International Renewable Energy Agency (IRENA) show that Kosovo had 20 MW of installed PV capacity at the end of 2023.
Kosovo currently has a renewable energy capacity target of 490 MW by 2025 and 1.6 GW by 2031.
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