- Greece plans to launch a tender for 1GW of solar and wind projects in September.
- Each technology will secure at least 30% of the awarded capacity.
Greece’s energy regulator, RAE plans to hold a new joint power tender on Sept. 5 for PV and wind power. RAE aims to contract 1GW of solar capacity, with a focus on systems larger than 1MW, and wind projects above 60kW in size.
RAE has set the tender’s subscription rule at 80% applicable to wind and solar separately. This means that 180MW of solar projects will have to compete for selection for in order to award 100MW of PV capacity. This rule helps to ensure auction competitiveness the regulator says.
Also, each technology will need to secure at least 30% of the awarded capacity. This rule will help to prevent the tender being swept by mainly solar projects. Winning solar projects are expected to connect to the grid within 30 months after the auction date, while wind farms will need to be finished within 36 months.
Interested bidders will need to submit their electronic applications by Aug. 8 and hard copies of their applications by Aug. 10. By Aug. 25, the applicants will be notified if they meet the auction eligibility criteria to participate in the tender.
Greece also plans to hold four more competitive tenders in Q4 2022. These tenders will focus on both solar and wind systems of various sizes and also energy storage facilities.