January 5 (SeeNews) - Greek electricity, waste and water regulator said it launched a public tender for the development of onshore wind or solar photovoltaic plants with 200 MW total capacity, which will be located in Bulgaria or Italy and will sell their output on the Greek market through existing cross-border interconnections.
Bids will be accepted for solar photovoltaic projects of over 1 MW each, while for wind parks the minimum required capacity is 6 MW, Greece's Regulatory Authority for Waste, Energy and Water (RAAEY) said in a notice on Thursday.
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The bid price for solar projects must not exceed 54 euro ($58.95) per MWh, whereas the wind project bid price is capped at 63 euro per MWh, according to the tender documents.
Interested candidates can compete to develop no more than 35% of the total proposed capacity. For the tender to be successful, the minimum number of projects is three but they must not belong to the same bidder.
The cross-border auction has been made possible by legislation providing for renewables project development in the European Economic Area.
The deadline for submission of bids is March 11, with the Greek regulator to announce a provisional list of preferred and disqualified applicants by April 18. Parties will be able to table objections to the initial decision between April 19 and April 22. RAAEY's final decision on selected projects will be made public on April 25.
The wind farms approved at the tender have to be commissioned or have a declaration of operational readiness within 36 months of the decision date. For successful solar PV projects, the commissioning deadline is no later than 30 months after regulatory approval.
($ = 0.9159 euro)