How many MW of solar projects did Croatia tender?
The Croatian authorities initially reviewed 144 projects totaling 713 MW for the auction. The tender was carried out in two phases. One awarded market premiums for projects with installed capacities of more than 1 MW each, including 350 MW of solar, 60 MW of wind, and 7.25 MW of hydropower.
How much does solar energy cost in Croatia?
In a related initiative, the Croatian energy market operator HROTE hosted a renewables tender in June to secure market premium support for 607 MW of renewable energy, which included 450 MW of solar power. The tender ultimately allocated 413.5 MW of solar energy at an average price of $0.065 per kWh.
How much does a solar tender cost in Croatia?
The first tender, with a budget of €10 million, will be aimed at installing residential solar arrays in the second quarter of and will cover up to 50% of the investment costs. Additionally, the Croatian authorities will announce a €25 million call to co-finance solar plants and heat pumps for the public sector in the second quarter.
How much does a solar subsidy cost in Croatia?
The maximum reference values of premiums for solar are EUR 82.04, and EUR 75.27 for wind. It is the second round of auctions since Croatia introduced the renewable energy subsidy mechanism in mid-. The first one for small units was held in early and the first one for utility-scale projects was conducted in July . The response was poor.
How much support does hrote provide for wind power plants?
The premiums will be awarded for wind power plants with 150 MW in total capacity, solar parks of a combined 450 MW and hydropower plants of an overall 7.25 MW. HROTE estimated the support for the 607.25 MW encompassed by the call at EUR 257.2 million. The subsidy allocation process consists of two phases.
How much does hydropower cost in Croatia?
The final average price for the PV technology came in at €0.056 ($0.065)/kWh, while the average price for hydropower was €0.158/kWh. The Croatian authorities initially reviewed 144 projects totaling 713 MW for the auction. The tender was carried out in two phases.
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