Greece’s RAE Accepting Proposals For 430 MW Solar

Solar Gets 430 MW & Wind 400 MW Capacity Under Competitive Tender Procedure Launched By Greek Energy Regulator RAE; May 31, 2019 Last Date For Bid Submission
06:32 AM (Beijing Time) - 15. May 2019
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In April 2019, RAE launched 2 new tender proceedings for 300 MW of wind and solar power capacity each in Greece. In the official gazette of the country, it has specified 430 MW of solar and 400 MW of wind power will be awarded under 2 competitive tender procedures for renewable energy. Pictured is Santorini, Greece. (Photo Credit: Mariamichelle/www.goodfreephotos.com)

Key Takeaways

  • RAE of Greece has announced it is accepting proposals for 830 MW of solar and wind power capacity under competitive tender process
  • Solar has been allotted 430 MW of total capacity under the tender with wind power grabbing 400 MW
  • For solar projects, RAE will accept proposals for an installed capacity of 500 kW to 20 MW
  • Bids for solar power technology have been capped at €0.06926 ($0.078) per kWh

Greek energy regulator RAE has opened the process of accepting proposals for its solar and wind power tender totalling 830 MW. For solar, it will select projects with an installed capacity of 500 kW or more and not more than 20 MW, adding up to a total of 430 MW. Bids for solar technology projects have been capped at €0.06926 ($0.078) per kWh.

Wind power plants stands to win a total of 400 MW with ceiling tariff of €0.06918 ($0.078) per kWh, according to the notice published in the government gazette that explains the guidelines for conducting 2 competitive tender procedures for renewable electricity sources of energy.

In April 2019, RAE announced auction results of its 600 MW renewable energy tender awarding only 437.78 MW. It took the opportunity to also launch 2 new tender proceedings for 300 MW of solar and wind power capacity each (see Greece Awards Over 437 MW In 600 MW RE Auction). Last date to submit bids remains unchanged at May 31, 2019.

Previously, in July 2018 RAE awarded more than 277 MW renewable energy under country’s first renewable energy auction with solar securing 106 MW in 2 categories of up to 1 MW projects and projects between 1 MW to 20 MW (see First Greek RE Auction Awards 106 MW PV).

Anu Bhambhani

Anu Bhambhani is the Senior News Editor of TaiyangNews

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Anu Bhambhani