In Italy’s seventh clean energy auction, the Gestore dei Servizi Energetici (GSE) allotted 974.9 MW of renewable energy capacity to projects with individual capacities more than 1 MW. The GSE distributed 710.2 MW of solar capacity across 60 different locations. Of this, 49 will have a capacity of less than 10 MW while the remaining 11 will have projects ranging from 13.2 MW to 92.4 MW.
German developer Juwi, Italian energy providers ERG and Enel, and Portuguese utility EDP are among the selected bidders for the solar facilities. The auction included 264.7 MW of wind power projects spread across 18 sites.
From the auction ceiling price of €0.065 per kWh, all developers proposed a maximum discount ranging from 2-3.5 per cent. The lowest proposal was €0.06263 per kWh for a 5.9 MW solar project near Perugia, in the Italian central region of Umbria. An 8.4 MW wind farm in Cosenza, in the southern district of Calabria, and a 5 MW solar park in Forl, in the northern region of Emilia Romagna, received the highest bid of €0.0637 per kWh.
REGlobal’s Views: The Italian solar market has suffered from permitting issues which has dampened growth in the recent past. Thus, this auction is a much-needed step to attract private investments and advance the country’s solar power growth.
