Strong interest in renewable energy source auctions

Investors showed significant interest in wind power and photovoltaic electricity production stations in the framework of competitive procedures organised by the Regulatory Authority for Energy (RAE) for renewable sources.

The authority will hold auctions on December 10, with all project categories recording strong interest surpassing the power offered, although interest does not cover the 75 pct rule.

The auctions will be held separately for three categories of projects: photovoltaic power up to 1MW, photovoltaic 1-20MW and wind power 3-50MW.

Source ANA-MPA
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