Wind projects up to an approved quota of 300 MW and solar PV projects up to 124. 8 MW will be supported through a contract-for-difference (CfD) scheme for 15 years. The approved maximum bid prices are €79/MWh for wind and €72/MWh for solar PV. . Serbia has closed its second round of auctions for renewable energy, selecting 424. 8 MW for solar projects was. . The call for wind and solar power projects was launched in late November and the deadline for applications expired on February 5. 8 MW for wind and solar power plants. A total of 645 MW received incentives. . Backed by EBRD and SECO, Serbia's second renewables auction allocated 645 MW of wind and solar capacity, with competitive prices starting at €50. Link copied!Copy failed! Investors have submitted 41 proposals in Serbia's second auction, which has exceeded the 424. This round was oversubscribed with the offered quota of 424. 8 MW capacity. .
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How many MW of new solar & wind power is available in Serbia?
The Ministry of Mining and Energy in Serbia has allocated a combined 645 MW of new solar and wind power capacity in its 2nd renewable energy auction round for market premiums through a contracts for difference (CfD) scheme. This round was oversubscribed with the offered quota of 424.8 MW capacity significantly exceeded.
What is the quota of wind power in Serbia?
At the first auctions, the wind quota was 400 MW while the one for photovoltaic projects amounted to 50 MW. There are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Serbia changed both the price ceiling and the criterion for evaluating the bids.
How much does a wind farm cost in Serbia?
The auction attracted seven applications for wind farm projects and 34 solar projects. The winning bids offered prices as low as EUR 50.9 (USD 53.28) per MWh for solar and EUR 53.5/MWh for wind, which are below current market levels and below those achieved in Serbia's first renewable energy auction in August 2023.
How many applications were submitted for market premiums in Serbia?
Forty applications were submitted for market premiums within the procedure for the second round of renewable electricity auctions in Serbia, Balkan Green Energy News learns. The call for wind and solar power projects was launched in late November and the deadline for applications expired on February 5.