Italy Allocates 154MW Solar Projects In Renewable Energy Auction

The Italian authority allocated 368.2MW of installed renewable energy capacity in the latest round of clean energy procurement activities.

Developers offered maximum discounts of 2% to 2.8% at the maximum auction price of €0.065 ($0.070)/kWh. Italian energy agency Gestore dei Servizi Energetici (GSE) has allocated 368.2MW of renewable energy capacity for projects larger than 1 MW in the country's 11th round of renewable energy auctions.

The Gses awarded solar capacity projects with a total of 149 MW at 16 sites and five wind projects with a total capacity of 213.8 MW. These PV projects range in size from 1.7MW to 49.5MW.

Developers offered maximum discounts of 2% to 2.8% at the maximum auction price of €0.065/kWh. The minimum bid of €0.0607/kWh comes from the largest project, a 75.6MW wind farm planned for Foggia province in southern Italy. These bids were slightly higher than or equal to the 10th round of the renewable energy auction and all other prior auctions.