The government of Albania is working on a tender plan to award 300 MW of solar projects under a wider procurement programme envisaging to facilitate the deployment of 1 GW of solar power capacity.
The photovoltaic (PV) tender will kick off by June and will be the first part of an initiative with at least three bidding rounds. The competition will be held under the European Bank for Reconstruction and Development’s (EBRD’s) renewable energy auction programme in Albania, the investment bank said on Monday.
The proposed tender will award projects at bidder-selected sites, with the deadline for submitting proposals expected to be by October 2023. Developers will identify and propose sites within areas that have been designated by the government as potentially suitable for solar park installation.
Each participant will be allowed to bid for up to 100 MW of capacity. Winners will sign 15-year contracts with two trading periods. The support will start with a power purchase agreement (PPA) and will then switch to a Contract for Difference (CfD) mechanism.
The procurement round will receive grant financing from the Swiss State Secretariat for Economic Affairs (SECO). Albania has set a goal of becoming a net exporter of renewable energy by 2030. The country has so far held two solar tenders that have awarded 240 MW of capacity and is currently soliciting bids in an up to 150-MW onshore wind auction.
Source: renewablesnow
