auction

Portugal’s first floating solar auction closed with a world record-low price, with utilities EDP and Endesa among the winning bidders, the country’s environment ministry has announced.

Portugal will aim to increase the share of renewables in electricity production to 80% by 2026, four years earlier than previously planned, its new government announced ahead of the country’s latest solar auction.

Italy has allocated 975MW of solar PV and wind capacity in its seventh renewables auction, according to figures from energy management agency GSE.

Algeria has launched a tender process to support the deployment of solar PV projects in the country with a total capacity of 1GW.

Chile has published details of its latest power auction, set to take place later this year and contract 5,250GWh per annum for 15 years.

Spain will allocate up to 140MW of distributed solar PV capacity in the country's next renewables auction, set to take place this April.

Polish solar developer R.Power Group has signed contracts with infrastructure firms Nomad Electric and Onde for the construction of 135 solar PV plants in Poland with a combined capacity of 400MW

The European Commission (EC) has approved the extension of Poland’s auction scheme for renewable resources that is predicted to support the creation of 9GW of renewables after it passed EU state aid rules

Portugal has launched its latest solar auction that is set to allocate 262MW of floating PV to be installed at seven dams across the country.

The European Commission (EC) has approved a €2.27 billion (US$2.56 billion) Greek scheme to support 4.2GW of installed renewables capacity after assessing it in the context of EU state aid rules