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Italy Allocates 145.5 MW of PV in Latest Renewables Auction

Renewable energy

The Italian authorities have allocated 243.3 MW of renewables capacity in the nation’s 14th procurement exercise for clean energy. Developers have offered a maximum discount ranging between 2% and 5.5% from the auction ceiling price of €0.07746 ($0.083)/kWh.

Gestore dei Servizi Energetici

Gestore dei Servizi Energetici (GSE), Italy’s energy agency, has allocated 243.3 MW of renewable energy capacity in the country’s 14th renewable energy auction, for projects above 1 MW in size.

The GSE awarded 145.5 MW of solar capacity across 37 locations and 4 wind projects with an aggregate capacity of 97.8 MW. The PV projects range in size from 1.8 MW to 9.7 MW.

Developers offered a maximum discount ranging between 2% and 5.5% from the auction ceiling price of €0.07746 ($0.083)/kWh. The lowest bid came in at €0.0732/kWh and was offered for a 5 MW solar facility in the province of Mantova, northern Italy.

In the 13th tender round, held in February, the GSE allocated 352 MW of solar capacity across 62 locations and 15 wind projects with a combined capacity of 643.9 MW. Developers submitted maximum discounts ranging from 2% to 6.39% off the auction ceiling price. The lowest bid came in at €0.0725/kWh and was offered for an 18.9 MW solar facility in the province of Vercelli, northern Italy.

In the 12th renewables auction, which concluded in early October, the Italian authorities allocated 48 MW of installed solar power and 10 MW of wind capacity. Developers offered discounts ranging from 2% to 2.1% off the auction ceiling price of €0.065/kWh. These bids were slightly higher or equal to those in the 11th renewable energy auction and all previous actions.

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Source from pv magazine

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