Deal to supply PV power at tariffs of around US$38/MWh for 25 years will see firm deploy colossal fleet by 2025, together with 2GW worth of solar factories by 2022.
Country producing €14.76/MWh tender tariffs last year overcomes COVID-19 delays to launch storage-friendly successor, with bids starting this week and plans to reveal winners in September.
Country's largest PV auction to date targets smaller projects and locally-owned developers to ensure procurement drives ‘immediate’ boost to post-COVID economy.
Industry reps persuade France to split rather than fully postpone major solar auction in July while Germany acts to freeze deadlines for bidding green energy projects.