Panama preparing new renewables auction
Panama plans to launch a renewables auction by late October, with state-run Electric Transmission Co. (ETESA) set to submit tender documents for regulatory approval. The auction aims to secure long-term energy contracts for power distribution companies.
Italy allocates 278.5 MW of PV in latest renewables auction
In the country’s 16th renewable energy procurement exercise, the lowest bid came in at €0.07199/kWh and was offered for a 2.7 MW solar facility in the province of Ancona, central Italy.
Bangladesh’s PV tenders fail to attract investors
Bangladesh’s tenders for 41 solar power plants totaling 2.63 GW have failed to draw any bids, as investors are holding back from projects launched between December and January.
India’s 1.2 GW wind-solar hybrid tender concludes with price of $0.039/kWh
Adani Renewable Energy has secured the largest slice of 600 MW. Other winners include Mahindra Susten (240 MW), Avaada (210 MW) and Sprng Energy (150 MW).
France concludes C&I rooftop PV tender with average price of €0.0982/kWh
The French authorities have concluded a commercial and industrial (C&I) rooftop PV tender with an average price of €0.0982 ($0.1067)/kWh. The government allocated 220 MW of PV capacity in total.
Serbia awards 645 MW in second renewables auction
Serbia has allocated 645 MW across 10 wind and solar projects in its second renewables auction, setting average prices at €0.0509 ($0.0533)/kWh for solar and €0.0535/kWh for wind. The government said the rates are well below market levels.
UK government proposes longer CfD contracts, wider commissioning window for solar PV
Consultation ahead of seventh Contracts for Difference (CfD) allocation round proposes longer contract lengths in a bid to reduce strike prices and lower cost of finance for renewables projects. A wider target commissioning window for solar projects is also proposed, in response to larger capacity plants in the pipeline.
France launches 400 MW C&I solar tender
The French authorities intend to allocate 400 MW of PV capacity through the procurement exercise, which is open to PV installations exceeding 500 kW in size.
1 GWh battery tender opened in India
India’s state-controlled National Hydroelectric Power Corporation (NHPC) Ltd. will act as middle man between successful developers and power distribution companies in the state of Andhra Pradesh.
Philippines’ green energy auction heavily oversubscribed with nearly 7 GW of pumped hydro bids
The country’s Green Energy Auction (GEA-3) attracted a cumulative 7.5 GW of projects, far surpassing the 4.65 GW installation target.
