renewables tender

Bulgarian businesses can apply for funding under two new tenders that aim to facilitate 1,425 MW of renewable energy generation capacity coupled with 350 MW of energy storage. Funding support is only offered for the storage component.

Analysis from research firm Wood Mackenzie shows solar remained the most awarded form of renewable energy in government tenders last year, but its share of total volume dropped from 59% to 44%. In 2024, government tenders are predicted to at least match 2023 levels.

Saba Electric Co. (SEC), an energy supplier on the Caribbean island of Saba, is seeking expressions of interest for a solar, wind and battery energy storage system. The deadline is Feb. 5, 2024.

UK independent power producer Rezolv Energy has acquired the late-stage development rights to a 1,044 MW solar project in Arad county, Romania. The Eastern European country is preparing to roll out a contract-for-difference (CfD) scheme early next year to deploy 3.5 GW of solar and wind.

The two governments will form a JV which will see China invest around $500 million in setting up 450 MW of solar generation capacity and a 50 MW wind farm on land supplied by the host nation’s North-West Power Generation Company.

The Barbados Water Authority is seeking proposals for three PV plants for a total 4.5 MW of generation capacity plus a 2 MW micro turbine. The installations will power pumping stations.

The ceiling price for solar and wind power has been set at €84.98/MWh. It is expected around 30 MW of generation capacity will be allocated and solar projects ranging in size from 100 kW to 2 MW will be entitled to participate.

Of 169 pre-selected projects, one is a project for landfill gas production; the remaining 348.5 MW of generation capacity comes from solar projects. The auction’s final results are expected in spring.

The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.