Greece to hold 500-MW renewables auction on Apr 2

03/02/2020 09:47 Renewable


Greece will hold an online auction on April 2, 2020, to contract about 500 MW of renewable energy generating capacity, the country’s Regulatory Authority for Energy (RAE) announced on Thursday.

According to the newly-released terms and conditions of the tender, the maximum allowed bid price is set at EUR 61.32 (USD 67.8) per MWh, which compares to the EUR-64.72/MWh ceiling price in the prior technology-neutral auction in Greece that was held a year earlier.


The process is open to wind projects with individual capacities exceeding 50 MW and solar projects above 20 MW. Interested parties can submit applications by February 25.


In last year’s mixed-technology renewable energy tender, RAE awarded 437.78 MW of power generating capacity, almost half of which (204 MWp) was won by the local unit of German project developer Juwi AG.


Daily (03.07.2020): Brent and WTI settled on Thursday at their highest levels since March amid lower U.S. unemployment rate

03/07/2020 09:49:00

Crude oil futures posted a second consecutive day of gains on Thursday, with Brent and WTI hitting their highest levels since March 6, after a decline in U.S. unemployment rate and a sharp drop in crude stockpiles earlier this week. Hence, Brent crude for September delivery soared by $1.11, or 2.64%, to settle at $43.14 per barrel. At the same time, U.S. WTI crude edged 83 cents higher, or 2.08%, to end at $40.65 per barrel.


RWE wraps up acquisition of Innogy's renewable energy ops

03/07/2020 09:40:00

German energy major RWE AG said on Wednesday that its complex asset-swap with rival E.on SE is now fully completed, creating a massive renewable energy business.


Polish govt agrees offshore wind cooperation with sector players

03/07/2020 09:34:00

The government of Poland and representatives of the offshore wind industry have entered into a letter of intent that outlines their future cooperation in the development of the particular sector.