Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTMarch 8 (Renewables Now) - This year's renewable energy tender in Russia will start on May 29 and includes a 830-MW quota for wind power, according to an announcement on Wednesday by the country's Association NP Market Council.
The competitive selection of projects for the construction of renewable energy generation facilities in the 2019-2023 period will take place from May 29 to June 9, the association, whose full name is Nonprofit Partnership Council for Organizing Efficient System of Trading at Wholesale and Retail Electricity and Capacity Market, said.
Below is a table with the quotas, in megawatts (MW), per technology for the five years:
Renewable energy source | 2019 | 2020 | 2021 | 2022 | 2023 |
wind | 100 | 0 | 229,94 | 0 | 500 |
solar PV | 35 | - | 77.6 | 37.6 | 0 |
hydro of below 25 MW | - | 109.2 | 10.7 | 10.7 | 138.96 |
The tender will be held in two phases -- from May 29 to June 4 and from June 5 to June 9. Only applications accepted in the first stage will be able to participate in the second. Changes only with respect to planned capital costs are allowed between the two phases.
In its 2017 renewable energy auction, Russia selected a total of 2,221 MW of projects, of which 1,651 MW wind farms. Winners get 15-year capacity supply agreements with guaranteed return.
Information about the 2018 tender is available, in Russian, on the ATS website: https://www.atsenergo.ru/sites/default/files/files/informaciya_neobhodimaya_dlya_provedeniya_opv_2018_goda.docx.
Weekly renewables M&A round-up (Jun 27-Jul 1)
Jul 01, 2022 17:05 CESTCorio, Jera ready Formosa 3 for Taiwan offshore wind auction
Jul 01, 2022 16:12 CESTCost of new renewables climb, but gap to fossil power widens
Jul 01, 2022 16:07 CESTGermany opens public consultation on offshore wind development plan
Jul 01, 2022 15:48 CESTEast Energy, utility to use green H2 to decarbonise district heating in Brandenburg
Jul 01, 2022 15:43 CESTBiden pledges to take action as court limits EPA's authority
Jul 01, 2022 15:38 CEST