The participation level at today’s mixed RES auction will be subdued, or well under the accumulated capacities of company investment plans, meaning the planned 300-MW capacities for each of the wind and solar energy projects must be reduced.
Solar energy investors representing a total of 68 projects with a total capacity of 200 MW will take part. As for wind energy projects, investors behind 12 projects with a total capacity of 261.75 MW will participate at today’s RES auction.
A competition rule requires auction registrations to exceed the 300-MW levels for each category by 40 percent for the entire amounts to be offered. As a result of the subdued participation, the maximum capacity to be offered for solar energy will be 143 MW and, for wind energy, 189 MW.
In comments to energypress, market officials attributed the auction’s low turnout to a maintenance of complicated licensing procedures.