HOME / serbia shelves plan for strategic partnership for 1 gw in wind farms
At the first auctions, the wind quota was 400 MW while the one for photovoltaic projects amounted to 50 MW. There are seven applications in the wind power segment and 33 for solar power, At the first auctions there were nine and seven, respectively. Serbia changed both the price ceiling and the criterion for evaluating the bids.
Serbia changed both the price ceiling and the criterion for evaluating the bids. The maximum acceptable bid for wind farms is EUR 79 per MWh, compared to 105 per MWh last time. The ceiling for electricity from photovoltaic plants is EUR 72 per MWh, while it was EUR 90 per MWh last time.
Forty applications were submitted for market premiums within the procedure for the second round of renewable electricity auctions in Serbia, Balkan Green Energy News learns. The call for wind and solar power projects was launched in late November and the deadline for applications expired on February 5.
The Western Area Power Administration is a good example of how one of these groups can support energy storage project financing of large projects. Through an infrastructure financing program aimed at expanding and modernizing the electric grid, WAPA's Transmission Infrastructure Program (TIP) can make loans to project.
We finance both solar plus storage projects as well as standalone storage projects. We know the asset class and can provide value with long-term, project-level debt. Our solar lending team members are experts in utility-scale and C&I solar, community solar and energy storage project financing nationwide.
Most groups involved with project development usually agree that energy storage projects are not necessarily different than a typical power industry project finance transaction, especially with regards to risk allocation.
The Summit was the first Energy Storage Finance Advisory Committee Meeting for a U.S. Department of Energy sponsored study to issues and challenges surrounding project and portfolio valuation.
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