Serbia’s Ministry of Mining and Energy has announced a second renewable auction to procure 124.8 MW of solar at a maximum price of €72 ($75.90)/MWh. Bids are due by Feb. 5, 2025. Serbia’s Ministry of Mining and Energy has officially launched the country’s second renewables auction.
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In a significant development for India''s renewable energy sector, a solar project integrated with energy storage has recorded a tariff of ₹3.32 per unit—5.8 per cent lower than the rate discovered in a similar tender by SECI in
The Ministry of Water Resources in Somalia has launched a tender for the development of a 10 MW hybrid solar-plus-storage plant as part of the Somali Electricity Sector Recovery Project.
Serbia allocated the entire 424.8 MW quota in its second wind and solar power auction. According to the Ministry of Mining and Energy, the winning bids came from investors from China, the United States, France, and
Austrian renewables developer RP Global plans to build a 100 MW hybrid solar facility in the northern Serbian town of Sremska Mitrovica, which could include over 10 MW of battery
The Government of Serbia issued a decision to develop a special purpose spatial plan for a group of solar power plants of a total of 1 GW in connection capacity including battery energy storage systems of at least 200
Two changes Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for
Market Forecast By Product Type (Lithium-ion Hybrid Storage, Solid-state Hybrid Storage, Supercapacitor Hybrid Storage, Hydrogen-based Hybrid Storage), By Technology Type (AI
Backed by EBRD and SECO, Serbia''s second renewables auction allocated 645 MW of wind and solar capacity, with competitive prices starting at €50.9 per MWh for solar.
State-owned hydropower producer NHPC has concluded its Tranche-X 1.2 GW wind-solar hybrid tender with an average price of INR 3.41 ($0.039)/kWh. Adani Renewable
The winning projects will involve an investment of €782 million and the solar tender received a total of 34 applications, demonstrating the strong interest in building new
Innovations include India''s first large-scale offshore wind tender totalling 4GW, issued in early 2024, with a 500MW concentrated "solar + thermal storage" tender to follow in early 2025.
Screenshot of winning bids, posted to LinkedIn by WEF''s Debmalya Sen. Winning bids as low as IR3.41/kWh (US$0.041/kWh) have been registered in a tender for solar
A recent report by LevelTen Energy on Europe''s renewable power purchase agreement (PPA) market for Q1 2025 reveals key dynamics indicating overall stability, yet nuanced differences and unique trends across
Somalia''s Ministry of Energy and Water Resources is awaiting proposals in a tender for the construction of a hybrid renewable energy park with 55 MWp of solar and 160 MWh of battery energy storage capacity.
A procurement exercise is open for the design, supply, and installation of 10 MW of solar and 20 MWh of battery energy storage in northeastern Somalia. The deadline for applications is Feb. 10, 2025.
Innovations include India''s first large-scale offshore wind tender totalling 4GW, issued in early 2024, with a 500MW concentrated "solar + thermal storage" tender to follow in early 2025.
Serbia''s Ministry of Mining and Energy has announced a second renewable auction to procure 124.8 MW of solar at a maximum price of €72 ($75.90)/MWh. Bids are due
With the entire quota now allocated, the construction of 10 new wind and solar power plants will add 645 MW of new renewable energy capacity. The auctioned prices were
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