In this second national auction, organized by Regulatory Authority for Energy (RAE) of Greece, SOLEK secured a 18MW/36MWh project. This significant success will enable SOLEK to expand its presence in the
Jinko ESS announced the successful signing of a 100MWh energy storage project with a key client in Greece. The project will deploy 20 sets of Jinko ESS G2 5MWh
A draft ministerial decision envisages the installation of 3.55 GW of standalone battery energy storage systems which will be granted priority connection to the transmission or distribution grid
Major constraints remain in grid capacity and storage, but these gaps also create lucrative opportunities for integrated PV+storage projects, offshore wind developers, and
Developers in Greece will bid to secure annual payments for large-scale storage facilities that must be operational before 2026.
The company partnered in April with renewables developer Ameresco to bid on 1.5GWp of solar PV and battery energy storage systems (BESS) across several markets in Europe.
Unlock Greece''s Solar and Storage Potential: Insights, Networking, Growth Renewable Energy Updates | Laws and Regulations | Battery Energy Storage | RES Curtailments | Opportunities
Under the new auction system, project subsidies are awarded via a two-way contract for difference. In essence, if market prices are below a project''s bid price, the project receives the difference as a subsidy, whereas if
The Ministry of Electricity has confirmed that all eight renewable energy projects awarded under Bid Window 7 of the Renewable Energy Independent Power Producer Procurement Programme (REIPPPP) are solar
Just a few days after the Bulgarian ministry''s announcement, Romania revealed the results of one of its support schemes. Romania provides grants to 1.5GWh of
Opening bids for the largest centralised procurement tender in China''s PV history have come in, with 51GW each of PV modules and inverters on the table.
Greece''s National Energy and Climate Plan sets out a target of expanding renewable capacity to 19 GW by 2030 with an estimated increase in capacity of 3.2 GW for
The energy storage industry is currently facing multiple challenges that developers need to consider when planning for successful energy storage deployments.
A PV and battery storage project in Buttel, Schleswig-Holstein, from developer Enerparc which won an innovation auction contract in 2021. Image: Enerparc. The latest Innovation Tender in Germany has concluded,
Note: Required spread for a two-hour battery project assuming revenues cover project costs of €360,000/MWh in 2024, for previous years assumes BNEF''s Europe energy storage system
This is SOLEK''s first energy project awarded in an auction in Greece. It places the company among the major energy players contributing to the development of sustainable energy in Europe and
The two projects were part of a total of 12 totalling c.400MW that won long-term capex support in the first round of a scheme aimed to kickstart the grid-scale storage market in
The first tender awarded 12 energy storage projects in August, with 411,79 ΜW of capacity in total. The second auction aims to award another 288,21 MW of storage capacity.
For professionals working in the energy storage sector, 2023 has been for sure a year full of tenders and new support schemes dedicated to energy storage in many countries,
The deadline for bid submissions is set for 23 December 2024, with connection applications due by 31 January 2026. The bidding price for projects is capped at 145,000 euros
Greece has launched its third and final tender for battery energy storage projects, offering subsidies of EUR 200,000 per MWh to support 200 MW of capacity. This
The deadline for bid submissions is set for 23 December 2024, with connection applications due by 31 January 2026. The bidding price for projects is capped at 145,000 euros
The state aid will support the construction of two solar-plus-storage projects in Greece with a cumulative PV capacity of 813MW. Image: Business Wire. The European
Electricity storage in Greece: State-of-play & near-term outlook Even though electricity storage is recognized as a prerequisite for the decarbonization of the power sector, the development of
Currently there is a growing interest for investments in storage facilities in Greece. Licensed projects mostly consist of Li-ion battery energy storage systems (BESS), either stand-alone or integrated in PVs, as well as PHS facilities [1].
The capex payment in the third auction is set at EUR 200,000/MW, up from EUR 100,000/MW in the second auction. The awarded projects must be up and running by the end of April 2026, according to
The Greek government released a comprehensive energy storage policy framework for the first time in the summer, but Tilos has proven successful since 2018. These
Greece launches a 200 MW battery storage tender, bolstering its 1-GW energy program. Bid by December 2024 for a chance at substantial subsidies!
Winning projects in Greece''''s energy storage program receive contracts for difference (CfDs) providing a guaranteed income for 10 years, with capped prices set at EUR115,000/MW per
Jinko ESS has announced the successful signing of a 100 MWh energy storage project with a key client in Greece. The project will deploy 20 sets of Jinko ESS G2 5MWh
This was the country''s second major auction, organized by Regulatory Authority for Energy (RAE) of Greece, and this time 11 projects from 7 bidders were successful.
The company has secured 15-year contracts for the 2025/26 period for two battery energy storage system (BESS) projects in the Apulia region. Specifically, the 25-MW Erchie project with three hours of storage capacity was
There are over 1,200 major energy storage projects currently in the database, representing more than 92,500 MWh of capacity. The list shows that there are more than 176 GWdc of major solar projects currently operating.
The regulator said the auction was highly competitive, leading to an average tender price of €47,680 ($51,506)/MW per year. Greece’s energy storage auction program awards contracts-for-difference (CfD) over periods of 10 years. The submitted bids were capped at €115,000/MW per year, with the lowest successful bid set at €44,100/MW per year.
The Greek Regulatory Authority for Energy has confirmed that 411.8 MW of projects have been awarded in the country’s first standalone battery energy storage system (BESS) tender, which has attracted huge interest among developers. Investment and operating aid will be granted to 12 projects put forward by seven proponents.
The Greek energy regulator has awarded 300 MW of new battery storage capacity in the nation's second energy storage tender, split among 11 projects. The tender is part of the country’s 1 GW energy storage auction program. The projects range in size from 8,875 MW/17,75 MWh to 49,9 MW/100 MWh).
Investors will be expected to submit progress reports every three months to ensure timely construction. Greece’s first energy storage tender took place last year. It awarded 12 energy storage projects, or 411,79 ΜW of capacity, with an average price of €49,748/MW per year.
The quota for the latter is 50 MW. The program is part of the just transition efforts within Greece’s coal phaseout, currently scheduled to be completed in 2026. Grants for the capital expenditure or capex for the battery energy storage systems (BESS) are set at EUR 200,000 per MW.
Before the end of 2024, Greece intends to provide subsidies for standalone battery projects of 200 MW in total via the third auction. The Ministry of Environment and Energy issued a decree determining the available operating power quota.
