Greece holds 2nd renewables auction for 2018
Greece has held the second auction for capacities from renewable energy sources for 2018, with lower prices achieved than in the first regular auction held earlier in the year reflecting investor confidence and an anticipation of a further decrease in equipment costs and higher yields, energypress reported. Lower costs, now comparable to those of conventional […]
Greece to auction 423 MW in solar, wind capacities on December 10
Greece’s energy regulator, RAE, will hold three auctions on December 10 for a total of 423 MW of renewables capacities, including 194 MW of solar and 229 MW of wind capacity, according to an announcement on the regulator’s website. RAE will auction a total of 94 MW for photovoltaic (PV) projects with an installed capacity […]
Greece launches regular renewable energy auctions in shift from standard FIT model
Greece has held its first regular competitive auctions for renewable energy capacities, after significantly trimming the offered capacities as a result of rejecting a slew of applications over technical matters. The descending-price renewable energy auctions, representing a shift from the standard feed-in tariff (FIT) model, resulted in considerably lower rates to be paid to investors […]
Turkey opens tender for 1 GW in wind power over 15 years
Invitation for bids for the installation and operation of wind power capacity of 1 GW was placed by Turkey under the Renewable Energy Resources Area (YEKA) scheme. The project that covers seven regions is worth USD 1.2 billion (EUR 1.12 billion), the Ministry of Energy and Natural Resources said in the document published in the […]
The biggest solar power plant in Turkey to be built by Turkish – South Korean consortium
Solar power plant of 1 GW will be installed in Karapınar Renewable Energy Resource Area (YEKA). The tender bid was won by Kalyon-Hanwha group consortium, offering the lowest price of EUR 0,0699 per kWh. Total value of this project is USD 1.3 billion. There were 4 consortiums competing in the tender bid for a solar […]