Terna’s first auction for reserve storage capacity was largely oversubscribed, with over 1,327 MW of submitted projects. Overall, 23 projects were assigned to 17 operators.
The Kazakh authorities allocated 55 MW of PV capacity in two different procurement exercises. Two projects, totaling 40 MW, were secured by Russian module manufacturer Hevel Solar.
Through the procurement exercise, the Spanish government wants to allocate 1 GW of PV, 1 GW of wind and another gigawatt of renewable energy capacity with storage.
Solarpack was the winner of Ecuador’s latest tender, launched in July 2019, for the 200 MW El Aromo solar project. The facility will sell electricity to state-owned Corporación Eléctrica del Ecuador SA under a 20-year power purchase agreement.
The 200 MW solar park will be built in Sherabad, in southeastern Uzbekistan’s Surkhandarya region.
The peak DC capacity of the project has been reduced, along with the size of the battery storage element of the facility.
The country’s third large-scale solar plant will be built near Durrës, a port city on the Adriatic Sea in western Albania.
Solar Energy Corp. of India secured a bid of $0.027/kWh in a recent auction, which is 15% lower than Solarpack’s INR 2.36/kWh winning bid in a previous 2 GW procurement exercise.
The German authorities allocated around 202 MW of solar power in the procurement exercise. Final prices ranged between €0.0518 and €0.0545 per kWh.
The project will be developed under a credit line facility from the Exim Bank of India.
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