Greece’s energy regulator RAAEY has launched a 600 MW tender covering solar-plus-storage and wind projects
The round seeks 200 MW of solar with storage and 400 MW of wind energy capacity, with price caps of €80/MWh for solar and €75/MWh for wind
Solar projects must already have grid connection agreements and licenses for energy storage, while wind projects above 60 kW are eligible
The Regulatory Authority for Energy, Waste and Water (RAAEY) in Greece has announced a 600 MW renewable energy tender, seeking bids for 200 MW of solar-plus-storage projects and 400 MW of wind energy facilities.
While there is no specific installed capacity for solar PV projects, these are expected to have secured grid-connection agreements and licenses to operate energy storage systems. Wind energy facilities with an installed capacity of above 60 kW will be accepted in this round. Bidding prices are capped at €80/MWh for solar PV facilities, and €75/MWh for wind energy projects.
Solar PV and storage facilities must be operational by December 31, 2027, while wind projects must be completed by September 20, 2028, according to a joint ministerial decree.
Auction terms specify that interested projects must not have entered construction or ordered equipment before applying for this single price bid competitive solicitation process. Each bidder is allowed to take part with projects totaling no more than 25% of the capacity being auctioned, to create a level playing field.
Winning projects may also receive investment aid from European Union funds, the National Development Program, and other sources of funding.
This tender round forms Phase I of the country’s Apollo renewable energy sourcing scheme, according to local media reports. The Apollo program aims to secure low-cost renewable energy with storage for low-income households and municipalities.
At the end of 2024, Greece’s total grid-connected solar PV capacity reached 9.7 GW, adding 2.6 GW within the year, according to the Greek Association of Photovoltaic Companies (HELAPCO). Solar PV accounted for 93.5% of all newly installed renewable energy capacity in 2024.
