Kosovo starts solar power auction for approximately 105 MW

May 15, 2023 03:40 PM ET
  • Kosovo released a contract notification for investors curious about structure and also running a solar energy plant on public land. The place in Kramovik was identified for 95 MW to 105 MW in connection capacity.
Kosovo starts solar power auction for approximately 105 MW

The Ministry of Economy of Kosovo pledged to speed up the lawful treatment for a solar power plant for which it would certainly award a 15-year power purchase agreement, PPA, under its first competitive treatment in the industry. Investors can send bids till August 15 for 90 MW to 105 MW in connection capacity for a location in the district of Rahovec (Orahovac).

Connection capacity-- in rotating existing or AC terms-- for utility-scale photovoltaics can be lower by 20% or greater than set up capacity in straight present. The proportion depends on geographic positioning, inverter dimension and various other variables. The ministry claimed the site faces southern and also southeast which it has high solar irradiation.

Much more renewable resource auctions to find

The land in the cadastral areas of Kramovik as well as Petković will be leased by the chosen prospective buyer for at least thirty years, according to the contract notification. The terrain agrees with for building and construction and also a grid connection neighbors, the document reads. The bids are arranged to be opened on August 18.

The area was chosen together with regional as well as global specialists, Minister of Economy Artane Rizvanolli stated. "Adding much more renewable resource is critical for our environment-friendly shift. As well as, most significantly, developing a strong structure for a bright and also safe energy future," she worried.

It is the first auction of its kind in Kosovo *. The authorities "anticipate many more to find for both solar and also wind power development," Rizvanolli added. The tender dossier can be obtained upon composed request from May 16.

Picked firm has two years to put center into operation

The picked prospective buyer will have 2 years to commission the solar power plant in Kramovik. The PPA shall be exchanged a contract for distinction (CfD) upon the verification of the Energy Regulatory Office (ERO) that a liquid functional day-ahead market has actually been developed in Kosovo *, the notification includes.

Albanian Power Exchange, ALPEX, launched normal operations 2 weeks ago with the introduction of a day-ahead market. It ought to include the market in Kosovo * in the summer, according to announcements.

The federal government in Prishtina is applying "to decarbonize through affordable, personal sector-led market options that increase its lasting energy protection as well as sustainability," the USA Agency for International Development (USAID) said. It noted that Kosovo's power approach has established a goal of a 35% share of renewables in its energy mix for 2031.

The investment is valued at EUR 75 million.

The sustainable electrical power auction model was created with the European Bank for Reconstruction and also Development.

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