Kosovo plans to public sale off 950 MW of renewables over the subsequent two years, to the tune of €1.2 billion ($1.29 billion).
Kosovo is planning a collection of auctions for renewable power and battery power storage methods. Minister of Financial system Artane Rizvanolli has revealed plans for additional procurement workouts for 950 MW of renewables, totaling €1.2 billion, after asserting the shortlisted bidders within the nation’s first photo voltaic public sale.
“With the identical enthusiasm, we’ll develop different aggressive initiatives as a part of this package deal, beginning with the 150 MW wind public sale that we are going to launch this yr,” stated Rizvanolli.
Kosovo’s first photo voltaic public sale for the development of a 100 MW photo voltaic plant within the city of Rahovec attracted six bids, as revealed earlier this week. The plant will probably be constructed on public land and will probably be leased to the profitable bidder for as much as 30 years, backed by a 15-year energy buy settlement with Pristina-based transmission system operator Kostt.
In response to Rizvanolli, extra auctions will probably be launched later this yr, together with one for the development of a 100 MW photo voltaic plant, which will probably be owned and operated by government-owned public utility Kosovo Vitality Corp. One other procurement train will search to deploy a photo voltaic district heating challenge in Pristina.
In response to its power technique, Kosovo additionally plans to carry two auctions for battery storage initiatives with a cumulative capability of 170 MW. The minister expects that 45 MW/90 MWh and 125 MW/250 MWh battery storage procurement workouts will probably be launched this yr in cooperation with US-based Millennium Problem Corp. (MCC). In 2022, MMC permitted a $202 million grant for these initiatives.
Kosovo goals to supply 35% of its electrical energy from renewables by 2031, up from 6% in 2021, based on the federal government’s draft technique. It’s trying so as to add at the least 1.2 MW of utility-scale wind and photo voltaic initiatives, alongside 100 MW of rooftop PV capability.
In response to the Worldwide Renewable Vitality Company (IRENA), Kosovo had 10 MW of put in PV capability on the finish of 2022.
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