Italy allocates 322 MW of PV in latest renewables auction
The Italian authorities have allocated 410.6 MW of renewables capacity in the nation’s 15th procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2.01% and 5.35% from the auction ceiling price of €0.07778 ($0.08272)/kWh.
Nepal allocates 960 MW in PV tender with lowest bid of $0.037/kWh
The Nepalese authorities had originally planned to allocate 800 MW of PV capacity through the procurement exercise. The 64 selected projects range in size from 5 MW to 50 MW.
Bahrain launches tender for 44 MW solar plant
The solar project is planned to be located at the University of Bahrain’s campus.
Chile publishes 2025-28 energy auction plan
Chile’s energy regulator has published its 2025-28 energy auction plan to secure about 22,500 GWh of new power contracts.
India’s SJVN allocates 1.2 GW wind-solar hybrid capacity at $0.038/kWh
Datta Infra, EG Energy (Enfinity Global), Gentari Renewables, Juniper Green, and Sunsure Energy have emerged as winners in SJVN’s latest auction for 1.2 GW of wind-solar hybrid capacity.
Saudi Arabia launches tender for 8 GWh of battery storage in world’s largest deal
World’s largest storage procurement process is underway in Saudi Arabia for 2 GW/ 8 GWh of storage.
Why were prices so high in Ireland’s latest renewables auction?
Following Ireland’s most recent renewables auction finalized in late September, the average final price for PV was €0.10476 ($0.12)/kWh, which just a 4% decrease compared to 2023’s auction. pv magazine has spoken with the government, the local PV association and several market operators to understand the reasons behind final high prices.
Saudi Arabia’s 3.7 GW solar tender attracts lowest bid of $0.0129/kWh
Saudi Power Procurement Co. (SPPC) has announced the shortlisted bidders for the the fifth round of the Saudi Arabian government’s renewable energy tender program.
Tunisia launches 200 MW solar tender
Tunisia’s Ministry of Industry, Mines and Energy has kicked off a new procurement exercise for large-scale solar.
Can Israeli PV tenders preserve competition in a concentrated market?
Researchers have studied Israel’s clearing price method for PV tenders and raised concerns about its potential for long-term dominance. They examined how power abuse and technological inefficiencies lead to market inefficiencies, concluding that a duopoly best suits the Israeli market.
