Portugal’s 700 MW solar auction ten times oversubscribed
Minister of the environment and climate action, João Pedro Matos Fernandes, announced the development and revealed nine of the ten lots tendered include energy storage.
Germany launches first auction of coal-exit compensation payments
Federal network agency the Bundesnetzagentur has announced it will retire 4 GW of coal-fired generation capacity through the exercise, which will see plant operators compete to secure one-off payments in return for shuttering, or converting operations.
Ireland may allocate 796 MW of solar in first renewables auction
The government has announced the provisional results of the nation’s first renewable energy procurement exercise and says the 1 TWh auction will end up allocating more than 2.2 TWh of generation capacity for an average final electric price of €0.07408/kWh.
South African chemicals producer seeks bids for 20 MW of PV
Sasol plans to power its operations in the municipalities of Secunda and Sasolburg with two 10 MW solar projects. The successful bidders with sell power to the factories under power purchase agreements.
South African utility Eskom launches tender for 80 MW/320 MWh of storage
The South African national power company is planning to deploy large scale energy storage capacity at the Skaapvlei substation. The facility will help manage the intermittent energy generated by a 100 MW Eskom wind farm.
German PV tender concludes with lowest price of €0.0490/kWh
The country’s latest tech-specific PV tender was oversubscribed, but the final prices are slightly lower than those recorded in the last procurement round.
Texan utility tenders 900 MW of solar, 50 MW of storage
CPS Energy has taken the first step towards bringing those volumes – plus 500 MW of firming capacity – to the Lone Star State in pursuit of the power company’s 50%-renewables-by-2040 goal.
World’s lowest bid of $0.0135/kWh wins in Abu Dhabi’s 2 GW solar tender
Emirates Water and Electricity Co. awarded the 2 GW project to a consortium that includes Abu Dhabi National Energy Co., Masdar, French energy group EDF, and China’s JinkoPower.
Japanese banks back world’s second cheapest solar project
Qatar General Electricity and Water Corporation has announced financial close on the 800 MW Siraj-1 solar project with Mizuho Bank and the state-owned Japan Bank for International Cooperation. The project, secured in a tender by France’s Total and Japan’s Marubeni, will sell power for $0.01449/kWh.
New York launches largest renewable solicitation in US history
4 GW of offshore wind and land-based renewables are set to come to the Empire State, as governor Andrew Cuomo looks to achieve the state’s renewable energy mandates while also kickstarting a post-Covid economy.
