Italy allocates 145.5 MW of PV in latest renewables auction

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From pv magazine Italy

Gestore dei Servizi Energetici (GSE), Italy's energy agency, has allocated 243.3 MW of renewable energy capacity in the country's 14th renewable energy auction, for projects above 1 MW in size.

The GSE awarded 145.5 MW of solar capacity across 37 locations and 4 wind projects with an aggregate capacity of 97.8 MW. The PV projects range in size from 1.8 MW to 9.7 MW.

Developers offered a maximum discount ranging between 2% and 5.5% from the auction ceiling price of €0.07746 ($0.083)/kWh. The lowest bid came in at €0.0732/kWh and was offered for a 5 MW solar facility in the province of Mantova, northern Italy.

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In the 12th renewables auction, which concluded in early October, the Italian authorities allocated 48 MW of installed solar power and 10 MW of wind capacity. Developers offered discounts ranging from 2% to 2.1% off the auction ceiling price of €0.065/kWh. These bids were slightly higher or equal to those in the 11th renewable energy auction and all previous actions.

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