Italian authorities have indicated 368.2 MW of renewable energy capacity in the country’s latest clean energy procurement. Developers have offered a maximum discount ranging from 2-2.8% of the maximum auction price of €0.065 ($0.070)/kWh.
Gestore dei Servizi Energetici (GSE), Italy’s energy agency, has allocated 368.2 MW of renewable energy capacity in the country’s 11th renewable energy auction to projects above 1 MW.
The GSE awarded 149 MW of solar power to 16 locations and five wind projects with a combined capacity of 213.8 MW. Solar power projects range in size from 1.7 MW to 49.5 MW.
The developers offered a maximum discount of 2-2.8 percent from the maximum auction price of €0.065/kWh. The lowest bid came at 0.0607 €/kWh and was offered for the largest project – a 75.6 MW wind farm planned for the southern Italian province of Foggia.
Bids were slightly higher or equal to the 10th renewable energy auction and all other previous operations.