Greece awards 349.9 MW in third blended wind-solar tender

• Greece's Regulatory Authority for Energy (RAE) has actually awarded 349.9 MW of wind and also solar projects in its most current on-line auction, in which costs reached as low as EUR 32.97 (USD 40.17) per MWh.

The competition, which was Greece's 3rd combined solar-wind tender, sought to honor 350 MW for both modern technologies. The bidding process occurred on May 24.

A total amount of 2,188 proposals joined the tender procedure, RAE said on Thursday. While the ceiling rate for both categories was evaluated EUR 53.86 per MWh, bids varied from EUR 32.97/ MWh to EUR 51.2/ MWh. The weighted typical cost stood at EUR 37.6/ MWh.

The lowest quote was positioned for a 19.3 MW project by domestic building business Egnatia Team, which had a bunch of effective proposals. The full list of winners is readily available on RAE's web site.

The group for solar plants was open for projects of less than 20 MW, while the eligible wind plans were needed to have abilities of 50 MW or lower.

In April 2020, Greece granted an overall 502.94 MW of wind and also solar power capacity in a combined tender, with proposals striking as low as EUR 49.11/ MWh. An additional 614 MW of wind and solar projects were the winners in the second tender round in August.