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Source: EBRD (www.ebrd.com)
July 17 (Renewables Now) - The government of the Spanish region of Andalusia launched a tender on Tuesday seeking to procure for the first time the supply of electricity from 100% renewable sources.
The government said it will award a single contract for a two-year term, with the option for two one-year extensions. The power bill for the duration of the contract, including the extensions, is capped at EUR 501 million (USD 562m), which will be further determined based on the offers presented by bidders.
The winning company is expected to deliver 100% certified renewable power to some 5,000 supply points that belong to public bodies attached to the Andalusian energy management network (REDEJA). At present, these public bodies consume around 950 GWh annually.
The supply contract that is currently in place expires on October 30, 2019, and the new one will enter into force the next day. Bidders have until August 22 to present their offers.
(EUR 1.0 = USD 1.12)
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