EU cross-border solar auction largely oversubscribed
The first tender under the European Union’s new €40 million ($41.8 million) multilateral solar scheme – targeting 5 MW to 100 MW projects based in Finland and providing energy to Luxembourg – has been ‘oversubscribed’ with bids ‘significantly exceeding target volumes’, the European Commission’s Directorate-General for Energy recently announced.
Italy allocates 48 MW of solar in latest renewables auction
The Italian authorities have allocated 58 MW of renewables capacity in the nation’s latest procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2% and 2.1% from the auction ceiling price of €0.065 ($0.068)/kWh.
Ireland allocates 497 MW of PV in third renewables auction
Ireland’s Department of the Environment, Climate and Communications and network operator EirGrid has revealed the 20 solar projects totaling 497 MW that were provisionally selected in the latest auction round of the country’s onshore Renewable Electricity Support Scheme (RESS). The procurement exercise concluded with an average strike price of €0.10047($0.10596)/kWh.
India’s SJVN tenders 1.5 GW of wind-solar hybrid projects
India’s SJVN has launched a tender process for the construction of 1.5 GW wind-solar hybrid power projects in India on a build-own-operate basis. Prospective developers have until Nov. 2 to submit bids.
Jamaica seeks proposals for 100 MW of renewables
The Jamaican government is seeking 100 MW of renewables to diversify its energy grid, with independent power producers to generate this capacity through wind, solar, and hydro projects recommended under power purchase agreements (PPAs), according to tender documents.
EWEC opens 1.5 GW solar tender in Abu Dhabi
Through the procurement exercise, the Emirates Water and Electricity Co. (EWEC ) is planning to build a giant solar farm in the Khazna area, where several data centers are operated.
Israel launches tender for 100 MW solar project
Israel has kicked off a tender for a new 100 MW solar project. The array will be constructed in Ashalim alongside four other PV installations and concentrated solar power (CSP) projects. The selected developer is expected to complete construction by 2027.
UK allocates 1.9 GW of solar at $59/MWh
The UK government has announced the results of its latest renewable energy auction, originally planned for 2022. It was accessible to installations exceeding 5 MW in size, with 56 solar projects securing 15-year contracts-for-difference (CfDs).
Solegreen to deploy 210 MW/470 MWh of solar-plus-storage in Israel
Solegreen plans to deploy 210 MW/470 MWh of solar-plus-storage in Israel, through a project selected by the Israeli authorities in a 2020 tender. The facilities will sell power at ILS 0.1715 ($0.0459)/kWh.
Japan’s 17th solar auction concludes with lowest bid of $0.061/kWh
Japan’s latest procurement exercise was open to PV projects above 250 kW in size. The lowest price came in at JPY 8.95 ($0.061)/kWh, with 69 MW of allocated capacity.
