Albania preps 300-MW solar tender by June

• The government of Albania is dealing with a tender plan to award 300 MW of solar projects under a bigger procurement programme envisaging to promote the release of 1 GW of solar power capacity.

The solar (PV) tender will certainly begin by June as well as will certainly be the very first part of an effort with a minimum of three bidding rounds. The competition will certainly be held under the European Bank for Reconstruction as well as Development's (EBRD's) renewable resource public auction programme in Albania, the investment bank stated on Monday.

The suggested tender will certainly award projects at bidder-selected sites, with the due date for sending propositions expected to be by October 2023. Developers will certainly recognize as well as propose sites within locations that have been designated by the government as possibly suitable for solar park setup.

Each participant will be enabled to bid for as much as 100 MW of capacity. Winners will authorize 15-year agreements with 2 trading durations. The support will certainly begin with a power purchase agreement (PPA) and also will then switch to a Contract for Difference (CfD) mechanism.

The procurement round will certainly receive grant funding from the Swiss State Secretariat for Economic Affairs (SECO).

Albania has set a goal of coming to be a net merchant of renewable resource by 2030. The nation has thus far held 2 solar tenders that have actually awarded 240 MW of capacity and also is presently soliciting bids in an approximately 150-MW onshore wind auction.