Wind fared a little better than solar PV in Greece's 2 x 300 MW tender as it secured more bids than solar. However, both the solar and wind tenders were undersubscribed.
- Greek renewable energy auction for 300 MW each for solar and wind power capacity has seen fewer bids for both technology than offered
- RAE of Greece says solar PV managed to secured bids totalling 200.26 MW with 68 projects
- Wind power projects attracted bids of 261.75 MW with 12 projects evincing interest
RAE Selects 23 Solar Power Projects With 143 MW Capacity Under 300 MW Greek Solar Tender; Average Winning Bids Fall 9.37% From Ceiling Tariff
(05. July 2019)
Greek Energy Regulator RAE Awards 437.8 MW Renewable Energy Capacity In Country’s First Joint Solar/Wind Power Auction Of 600 MW Auction; Launches Solar & Wind Auction For 300 MW Each
(25. April 2019)
Greek Energy Regulator RAE Receives 638 MW Total Bids For 8 Projects In Response To Oversubscribed 600 MW Joint Solar PV & Wind Power Tender
(06. April 2019)
Both solar PV and wind power tenders of 300 MW each in Greece have been undersubscribed. The European country’s energy regulator RAE says solar has received total bids of 200.26 MW from 68 projects in total. Solar projects with a capacity of 20 MW or more were accepted for this tender.
The wind power tender too had only 12 projects proposed representing a total capacity of 261.75 MW. For this clean power technology, RAE was accepting bids for projects of 50 MW or more.
In all, 462 MW of bids were received against the 600 MW offered by the RAE. The winners will be announced later as per schedule.
RAE launched the 300 MW solar tender along with a 300 MW wind power tender in April 2019 with a deadline to submit proposals by May 31, 2019 (see Greece Awards Over 437 MW In 600 MW RE Auction).
In the previous joint solar and wind power auction with 600 MW on offer, RAE received 637.78 MW of bids but awarded only 437.78 MW with a weighted average price of the winning bids at €0.057 ($0.064) per kWh.
By 2020, RAE plans to procure 2.6 GW of new solar PV and wind power capacity through competitive bidding. Post 2020, the bidding process will be evaluated before the next bidding process is launched for the period between 2021 and 2025 (see Greece To Hold Solar & Wind Tender In July 2018).