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 […]