Italy honors 975MW of solar, wind in most recent renewables auction
- Italy has alloted 975MW of solar PV as well as wind capacity in its 7th renewables public auction, according to figures from power monitoring agency GSE.
That appropriation corresponds to the section for projects with a capacity of greater than 1MW, with 59 solar plants and also 18 onshore wind farms effective.
Amongst the prospective buyers protecting solar capacity are Italian energy Enel, Polish solar programmer R.Power and German EPC service provider juwi.
Following publication of the outcomes, GSE has today released Italy's 8th renewables auction, which will certainly assign 3.3 GW of capacity not appointed in previous tenders. That round will certainly close on 2 March 2022, with the results due to be launched by 31 May.
Under Italy's auction scheme, solar plants do not have permission to improve agricultural land, suggesting the tenders have been mainly undersubscribed amongst PV bidders, according to current research study from SolarPower Europe. The profession body said strict permitting constraints posture a significant difficulty to the nation's solar passions, producing up to six years of delay to project development.
Amid a backlog of projects seeking to protect permitting and also interconnection legal rights, solar energy acquisition arrangement prices skyrocketed in the country in Q4 2021.