Greece: Latest RES auction dominated by ABO Wind

, SEE Energy News

At the latest RES auction held on 27 July, the most dominant company was German ABO Wind,

securing approximately one third of solar category’s total capacity for five 10 MW projects in Igoumenitsa in northwestern Greece. The company also submitted the auction’s lowest bids at 0.04586 euros/kWh.

Wind energy projects secured a far greater total capacity than solar at the auction, 481 MW compared to 142 MW. Also, solar category registered the new record-low tariff prices for the Greek market.

Heliotherma secured tariffs for two solar energy parks of 11.9 MW each in Thiva, northwest of Athens at prices of 0.053 euros/kWh. Metka secured tariffs for four projects representing a total capacity of 11 MW. PPC Renewables secured tariffs for its 11 MW solar power plant, part of a planned 50 MW complex in Megalopoli.

The auction’s highest tariff price was 0.06245 euros/kWh, while the average was 0.04981 euros/kWh. A total of 39 projects secured tariffs at the auction.