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Romania launches 1.5 GW renewable energy auction Romanian authorities plan to award 1 GW of wind capacity and 500 MW of solar capacity through the country’s first tendering process. The Romanian Ministry of Energy has set a maximum auction price of 91 euros ($100.7)/MWh for solar projects and 93 euros/MWh for wind projects. Ireland allocates nearly 960 MW of solar power in fourth renewable energy auction In this years auction, the Irish government provisionally allocated 959.85 MW of solar power to 23 projects. The final average price for photovoltaic power was €0.10476 ($0.12)/kWh. Algeria’s PV capacity exceeds 400 MW Solar power is the main source of renewable electricity in Algeria, with a total capacity of 436.8 MW. Approximately 388.95 MW (82.4%) is connected to the grid and 47.85 MW (10.1%) is off-grid. Recent large-scale tenders aim to push the country’s capacity beyond 4 GW soon. Taiwan to install 2.7 GW of new solar capacity in 2023 Taiwan’s Ministry of Economic Affairs (MoEA) says the island added 2.7 GW of new solar capacity last year, bringing its total capacity to 12.41 GW by December 2023. Feed-in tariffs for installations up to 100 kW continue to drive the market. India launches tender for 2 GW/8 GWh renewables plus storage Solar Energy Corp. of India (SECI) has started accepting bids for setting up 2 GW renewable energy projects supported by energy storage systems to ensure a peak supply of 8 GWh. The tender closes on October 14. Lebanon launches tender for 8 MW solar plant Lebanons Ministry of Energy and Water has launched a tender for an 8 MW solar plant that will be publicly funded and connected to the medium voltage grid to supply power to Electricité du Liban. Australia launches multi-billion-dollar green hydrogen auction with Germany Investor confidence in Australia’s green hydrogen industry has received a $660 million boost following a joint statement with Germany to negotiate supply chains that secure European buyers for Australian products. European Investment Bank invests in solar and wind in South Africa The European Investment Bank (EIB) and the Development Bank of Southern Africa (DBSA) are each investing €100 million ($110.8 million) in small- and medium-scale onshore wind and solar projects in South Africa. Together, they have already committed €600 million under South Africa’s Integrated Generation Investment Programme (EGIP). Construction begins on 1.4 GWh project in Inner Mongolia combining redox flow storage and lithium-ion technologies The Dengkou Renewable Energy Storage Project is considered the largest single-capacity energy storage plant under construction in China. |
