Auction

The government is seeking proposals for 200 MW of renewable energy capacity including two 30 MW solar parks to be constructed in either Santa Elena or Guaya provinces.

The national utility has kicked off a procurement round to build the country’s first major PV project.

The Australian Capital Territory (ACT) has awarded a power purchase agreement in its fifth renewables reverse auction. The deal relates to a portion of a project consisting of 1.2 GW of wind, 600 MW of solar, and 900 MW/1,800 MWh of battery storage.

Portugal’s recent PV auction marks a new era of battery storage for the country, says UK consultancy Everoze. It notes that the auction was so competitive that the winners had to cut their expected remuneration in the solar+storage category to negative values. It claims that the real winner is the government, as it is maximizing the value of scarce grid capacity, and argues that the auction could become a benchmark for nations with limited grid space.

The $155,4 million project was secured by the Saudi energy giant through a tender held in 2019. The facility will sell power at a price of $0.02752/kWh.

The German government is planning to tender 5.3 GW in the rooftop segment and 13.5 GW for large-scale PV projects.

The South African Department of Mineral Resources and Energy (DMRE) is requesting proposals for the Risk Mitigation Independent Power Producers Procurement Programme (RMIPPPP). The tender is intended to procure 2 GW of capacity in response to the chronic short-term electricity supply gap that is affecting the country and its mining sector. Renewables are also entitled to compete.

Gujarat State Electricity Corporation Limited (GSECL) has invited bids to set up an aggregate 110 MW of grid-connected solar power plants at several substations operated by Gujarat Energy Transmission Corporation Limited. Bidding closes on September 16.

The Portuguese government has revealed some of the preliminary results of the national solar auction which closed on Tuesday. Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, said that the 15-year contracts awarded in the auction were the key to understanding the reason of such a low price. This, combined with the rights for land and grid connection guaranteed by the auction, makes attractive bidding at low prices.

The South Korean solar panel maker secured around 300 MW of the 700 MW awarded in the procurement round. The other winners are reportedly Spanish power company Iberdrola, Italian peer Enel and French-owned developer Tag Energy.