Croatia's Renewable Energy Auctions: 607 MW Up for Grabs
- Croatia's new auctions offer lucrative premiums for solar, wind, and hydro power plants, with EUR 257.2 million in support up for grabs. Don't miss out on this green energy opportunity!
Croatia has launched auctions for 607 MW of solar, wind, and hydro power plants. The premiums will be awarded for wind power plants with 150 MW capacity, solar parks totaling 450 MW, and hydropower plants with 7.25 MW capacity. The support for these projects is estimated at EUR 257.2 million.
The subsidy allocation process consists of two phases, with a public call for qualifications lasting 60 days followed by a 15-day call for bids. The tender is divided into two segments based on the size of the facilities, with maximum reference values for premiums per megawatt-hour set for each type of renewable energy source. The subsidies must be distributed by the end of the year as part of the government's program to incentivize renewables and high-efficiency cogeneration.
What is the process for allocating subsidies for Croatia's 607 MW of renewable energy projects?
- Public call for qualifications lasting 60 days
- 15-day call for bids
- Divided into two segments based on size of facilities
- Maximum reference values for premiums per megawatt-hour set for each type of renewable energy source
- Subsidies must be distributed by the end of the year as part of government's program to incentivize renewables and high-efficiency cogeneration.
