The Ministry of Mining and Energy in Serbia has allocated a combined 645 MW of new solar and wind power capacity in its 2nd renewable energy auction round for market premiums through a contracts for difference (CfD) scheme. This round was oversubscribed with the offered quota of 424.8 MW capacity significantly exceeded.
The auction attracted seven applications for wind farm projects and 34 solar projects. The winning bids offered prices as low as EUR 50.9 (USD 53.28) per MWh for solar and EUR 53.5/MWh for wind, which are below current market levels and below those achieved in Serbia’s first renewable energy auction in August 2023.
At the first auctions, the wind quota was 400 MW while the one for photovoltaic projects amounted to 50 MW. There are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Serbia changed both the price ceiling and the criterion for evaluating the bids.
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 electricity from photovoltaic plants is EUR 72 per MWh, while it was EUR 90 per MWh last time.
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Serbia has closed its second round of auctions for renewable energy, selecting 424.8 MW of solar and wind power projects for contracts for difference (CfDs), the Serbian ministry of mining and energy said on Friday.
Learn MoreThe Ministry of Mining and Energy in Serbia has allocated a combined 645 MW of new solar and wind power capacity in its 2nd renewable energy auction round for market …
Learn MoreSerbia has allocated 645 MW across 10 wind and solar projects in its second renewables auction, setting average prices at €0.0509 ($0.0533)/kWh for solar and €0.0535/kWh for wind.
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Learn MoreSerbia has allocated 645 MW across 10 wind and solar projects in its second renewables auction, setting average prices at €0.0509 ($0.0533)/kWh for solar and …
Learn MoreThe original quota offered by Serbia of 424.8 MW for solar and wind power plants was significantly exceeded, as 41 projects were applied for, with 7 for wind power plants and …
Learn MoreThis large-capacity, modular outdoor base station seamlessly integrates photovoltaic, wind power, and energy storage to provide a stable DC48V power supply and optical distribution. Perfect …
Learn MoreSerbia has closed its second round of auctions for renewable energy, selecting 424.8 MW of solar and wind power projects for contracts for difference (CfDs), the Serbian …
Learn MoreThere are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Two changes Serbia changed both …
Learn MoreThere are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Two changes Serbia changed both the price ceiling and the …
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