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New auction announced in Greece for 600 MW for electricity for vulnerable households

The Greek government specified terms and conditions for participation in a new kind of renewable energy auction, covering both wind and solar energy.

The auction comes as part of the Apollo initiative, aimed at reducing energy costs for vulnerable households across the country and fighting energy poverty. In total, 200 MW of solar plus batteries and 400 MW of wind will be auctioned.

Wind power projects of at least 60 kW may participate, with no limit set for photovoltaics. All applicants must have final connection terms from the distribution or transmission operator. Their remuneration will be based on a contract for difference (CfD). Investors can also gain a grant from European Union programs, the National Development Plan or other sources, according to the decree.

This will be a single-step static auction, with the offer price ceiling set at EUR 80 per MWh for wind projects and EUR 75 per MWh for photovoltaics with battery storage.

Equally important, the competition level is 40%, meaning that 60% of the offered capacity will be awarded up to a maximum of 600 MW. On top of that, at least three projects from different investors must participate in the process. Furthermore, no participant can apply for more than 25% of the total offered capacity, to ensure a level playing field.

Steep timeframe for selected projects

Concerning next steps, the Regulatory Authority for Energy, Waste and Water (RAEWW or RAAEY) is expected to officially proclaim the auction in the next few weeks, before the end of January. The regulator will also specify the letter of guarantee investors will have to submit, as well as the rest of the details. The submission of offers is expected to last by the end of February.

The ministry said the construction of solar farms with batteries must be completed by the end of 2027, while wind farms need to come online by September 2028.

Consumers who will benefit from cheaper renewable electricity will be notified via their power suppliers about their eligibility.

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New auction announced in Greece for 600 MW for electricity for vulnerable households

The Greek government specified terms and conditions for participation in a new kind of renewable energy auction, covering both wind and solar energy.

The auction comes as part of the Apollo initiative, aimed at reducing energy costs for vulnerable households across the country and fighting energy poverty. In total, 200 MW of solar plus batteries and 400 MW of wind will be auctioned.

Wind power projects of at least 60 kW may participate, with no limit set for photovoltaics. All applicants must have final connection terms from the distribution or transmission operator. Their remuneration will be based on a contract for difference (CfD). Investors can also gain a grant from European Union programs, the National Development Plan or other sources, according to the decree.

This will be a single-step static auction, with the offer price ceiling set at EUR 80 per MWh for wind projects and EUR 75 per MWh for photovoltaics with battery storage.

Equally important, the competition level is 40%, meaning that 60% of the offered capacity will be awarded up to a maximum of 600 MW. On top of that, at least three projects from different investors must participate in the process. Furthermore, no participant can apply for more than 25% of the total offered capacity, to ensure a level playing field.

Steep timeframe for selected projects

Concerning next steps, the Regulatory Authority for Energy, Waste and Water (RAEWW or RAAEY) is expected to officially proclaim the auction in the next few weeks, before the end of January. The regulator will also specify the letter of guarantee investors will have to submit, as well as the rest of the details. The submission of offers is expected to last by the end of February.

The ministry said the construction of solar farms with batteries must be completed by the end of 2027, while wind farms need to come online by September 2028.

Consumers who will benefit from cheaper renewable electricity will be notified via their power suppliers about their eligibility.

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Nofar Energy launches work on Romania’s largest solar park

Israel’s Nofar Energy has begun construction of the 282 MW Corbii Mari solar park in Romania, with plans to connect it to the grid next year. The project is being financed from a recently secured EUR 192 million financing package that also covers the company’s two other large solar facilities in Romania.

The financing for Nofar’s projects was arranged by the European Bank for Reconstruction and Development (EBRD). The bank is providing a EUR 64 million loan, with the remaining EUR 128 million mobilized from commercial lenders.

In addition to Corbii Mari, the financial package covers the Iepurești II and Slobozia solar parks. The total capacity of all three projects is 531 MW, and the planned annual electricity production is 676 GWh.

Two solar parks are zero-subsidy projects, while the third has secured a contract for difference

Corbii Mari and Iepurești II will sell electricity on Romania’s competitive day-ahead market, while Slobozia will benefit from a 15-year contract for difference (CfD), according to an EBRD press release.

In late 2023, when Nofar acquired the Corbii Mari project, it was announced that the solar power plant would produce 362 GWh of electricity a year, enough to meet the needs of around 160,000 households.

There are several solar projects in Romania larger than Corbii Mari in various stage of development. These include the 1 GW Dama Solar, developed by Czech company Rezolv Energy, and the 300 MW Butimanu project, implemented by the investment division of Sweden-based Ingka Holding, the largest IKEA franchisee company.

Austria-based Enery is preparing to begin construction works early next year on a photovoltaic facility of 750 MW in peak capacity just outside of Bucharest.

Corbii Mari is set to be Romania’s biggest solar park to date

Given the longer completion timelines for these projects, Corbii Mari is expected to be Romania’s largest solar park for a time, local media reported. The top spot is currently held by Econergy’s Rătești solar power plant, with an installed capacity of 155 MW.

Nofar is also building its Ghimpați solar project near Bucharest, with an installed capacity of 146 MW. Earlier this year, the Israeli company said it had connected to the grid its solar park in Ada, the largest such system in neighboring Serbia.

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Romania considers launching new wind auctions

After completing the second round of wind and solar power auctions, Romania’s Ministry of Energy is considering launching new bidding for renewable energy projects, specifically onshore wind.

The Ministry of Energy has issued a call for expressions of interest for a third auction under the State Aid Scheme, in the form of contracts for difference (CfD), for electricity generation from onshore wind energy.

Given the results of the recently organized tendering for the award of CfDs, as well as the provisions of Government Decision 318/2024, the conditions stipulated in the State aid Scheme authorized by the European Commission Decision C (2024) 1596 final, the ministry is exploring the possibility of launching an additional tender, dedicated exclusively to onshore wind technology, according to the call.

All auction rules will be similar to those approved for the last CfD auction

The tender is to be completed by December 31, 2025, by which time the related contracts are to be signed, according to the update.

The ministry pointed out that all auction rules will be similar to those approved for the last CfD auction.

The expressions of interest should include projects that have recently reached or are about to reach a stage of maturity that would allow them to participate in the tender; projects that could not be submitted in the previous tender due to insufficient time to obtain corporate approvals, including to ensure the necessary sources of financing to cover the obligations regarding the participation/good execution guarantee.

Expressions of interest are to be submitted by August 29

The wind capacity to be auctioned will be determined following an analysis conducted by the ministry, based also on the expressions of interest received, provided that sufficient interest is expressed. Expressions of interest must be submitted by August 29.

Two weeks ago, the ministry and transmission system operator (TSO) Transelectrica conducted the country’s second wind and solar power auction for government support in the form of CfDs.

A total of 2 GW was available for wind, but the authorities selected only 1.26 GW under 23 qualified projects – those with bids below the ceiling of EUR 80 per MWh.

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R. Power Renewables to start construction of 55 MW PV project in Romania

Polish company R. Power Renewables is about to build a solar power plant in Romania of 55 MW in peak capacity.

R. Power Renewables published the main details ahead of the start of construction of its Lazuri Solar Park, located in Satu Mare county in Romania.

The company said it is a major step forward in its commitment to expanding sustainable energy infrastructure in Central and Eastern Europe.

The works are set to begin before the end of September, according to the update. The facility is scheduled to come online in the third quarter of 2026.

The Lazuri Solar Park will be connected to the national grid through a newly constructed 110 kV switching station

The Lazuri Solar Park will be connected to the national grid through a newly constructed 110 kV switching station, implementing a loop-in/loop-out connection on the existing Vetiș–Abator 110 kV overhead transmission line, according to R. Power Renewables.

The project will not only contribute to Romania’s renewable energy targets but also strengthen local energy security and grid resilience, the Warsaw-based company underlined.

The solar farm of 55 MW in peak terms would generate approximately 70 GWh of clean electricity per year — enough to meet the annual needs of over 48,000 households and avoid nearly 17,000 tonnes of CO2 emissions.

Lazuri is one of five R. Power’s solar farms in Romania that secured a 15-year power purchase contract

Lazuri is one of five R. Power’s solar power projects in Romania that secured 15-year contracts-for-difference (CfDs) through the national auction scheme, the firm said and added that in total, it won support for 85 MW of installed capacity.

In December 2024, after years of delays, the Ministry of Energy finally selected projects of an overall 1.53 GW, slightly more than the quota, in the first round of auctions.

Wind and solar power projects are eligible for subsidies under the CfD scheme. The first round of auctions resulted with ten and eleven winning bids, respectively.

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Kosovo* signs three agreements for 105 MW solar project

The Ministry of Economy has signed three agreements with the winners of the first renewable energy auction in Kosovo*, for a photovoltaic project with a grid connection of up to 105 MW.

Minister of Economy Artane Rizvanolli has signed an agreement with newly-founded Lindja Solar on the development of the solar power project selected in the first renewable energy auction.

The firm was founded by the winning consortium, led by Groupe Orllati. The remaining members are Holdigaz from Switzerland, ZPV from Germany and domestic solar panel producer and engineering, procurement, and construction (EPC) firm Jaha Solar, the ministry said.

KOSTT signed a PPA with the investors

Rizvanolli said the ministry also signed a land lease agreement with Lindja Solar. In addition, Transmission, System and Market Operator (KOSTT) signed a power purchase agreement (PPA) with the project firm.

The consortium led by Switzerland-based construction company Orllati was selected in early April to build and operate a solar park of up to 105 MW in connection capacity for 30 years, including a 15-year contract for difference (CfD).

The group won the first renewable electricity auction in Kosovo* with a bid of EUR 48.88 per MWh.

Officials stressed at the time that Orllati is run by businesspeople from the Kosovar diaspora.

The investment in the PV facility is estimated at EUR 70 million

Artane Rizvanolli now said that the successful auction would be the first of many that Kosovo* is preparing.

Orllati Chief Financial Officer Destan Orllati stressed that the project, covering 117 hectares, is part of the country’s push to boost renewable energy production. In addition to the production of clean energy, it will create jobs and stimulate the regional economy, he asserted.

According to the ministry, the four companies plan to invest a total of EUR 70 million in the project.

The agreements were signed by Orllati Managing Director Avni Orllati, Holdigaz Chairman and Managing Director Philippe Petitpierre, Chief Executive Officer of Jaha Solar Fadil Hoxha, CEO of ZPV  Peter Zehendner, Director of Lindja Solar Luisa Helms and the CEO of KOSTT Evetar Zeqiri.

* This designation is without prejudice to positions onstatus and is in line with UNSCR 1244/99 and the ICJ Opinion on the Kosovo declaration of independence.