What is Italy's latest solar auction?

Italy has released the results of its latest solar auction, which includes 273 expressions of interest for a combined capacity of 3,161MW.

How many solar project proposals are there in Italy?

The first solar energy auction under Italy's new incentive scheme for renewable energy, the “transitional” FER X program, has attracted 1,387 project proposals with a combined capacity of 17,537 MW, according to Italian energy agency GSE. Prequalified project developers have until Sept. 12 to submit final offers.

How did Italy's first solar auction work?

Italy’s first solar auction under the transitional FER X incentive scheme drew 17.5 GW in project proposals and an additional 2.87 GW in wind bids, according to state-run energy agency Gestore dei Servizi Energetici (GSE). From pv magazine Italy

How much does a solar project cost in Italy?

The lowest bid was €0.0725 per kWh for an 18.9 MW solar facility in the province of Mantua, northern Italy. In the 12th renewable energy auction concluded in early October, the Italian authorities allocated 48 MW of solar power capacity and 10 MW of wind power capacity.

Are Italian solar projects relying on overseas supply chains?

While this has indicated significant growth in interest in the Italian solar sector – the previous auction held prior to the implementation of the FER X decree saw just 321.6MW of solar capacity awarded – concerns remain about these projects’ reliance on overseas supply chains, particularly those from China.

How many MW of solar power will Italian authorities allocate?

Italian authorities expect to allocate more than 600 MW of solar photovoltaic capacity through the auction. “The data confirm excellent participation in photovoltaics and a trend consistent with expectations for wind power,” said Italian Energy Minister Gilberto Pichetto Fratin.