The combined bids exceeded the available quota of 300 MW at an auction for CfD market premiums for photovoltaic projects in Albania but the Ministry of Infrastructure and Energy awarded 283.9 MW. The lowest offer came in at EUR 39.7 per MWh, against a starting level of EUR 59.97 per MWh.
Eight consortiums won 15-year power purchase agreements (PPAs) in Albania for their solar power projects as the Ministry of Infrastructure and Energy opened their bids. The difference from the past two successful competitive bidding processes for photovoltaics, for the sites of Karavasta and Spitalla, was that this time the investors were obligated to secure land rights themselves.
There were 14 applicants, of whom nine sent valid bids. They exceeded the 300 MW quota, reaching 355.9 MW.
However, the ministry decided to set Volitalia’s bid for 70 MW aside as a reserve, awarding just 283.9 MW. The French company, which won the previous two tenders, offered electricity at 59.94 per MWh. Officials said the level was too close to the EUR 59.97 per MWh ceiling and pointed out that the proposed project would exceed the quota.
The lowest offer was EUR 39.7 per MWh, and the average landed at EUR 51.3 per MWh. The support will be in the form of contracts for difference, or CfDs, Balkan Green Energy News reports.
