Croatia Solar System Project Price

How many MW of solar projects did Croatia tender?

The Croatian authorities initially reviewed 144 projects totaling 713 MW for the auction. The tender was carried out in two phases. One awarded market premiums for projects with installed capacities of more than 1 MW each, including 350 MW of solar, 60 MW of wind, and 7.25 MW of hydropower.

How much does solar cost in Croatia?

The maximum reference values of market premiums for solar were €0.82/kWh and €0.75/kWh for wind. The first auction for large-scale projects in Croatia took place in 2022 to procure 638 MW of new capacity. However, it only attracted tepid interest, with premiums awarded to just 107 MW of projects.

When was the first solar auction in Croatia?

The first auction for large-scale projects in Croatia took place in 2022 to procure 638 MW of new capacity. However, it only attracted tepid interest, with premiums awarded to just 107 MW of projects. The regulator offered a 300 MW quota for solar plants, but only four bids were accepted, for a total capacity of 8 MW.

How much does a solar tender cost in Croatia?

The first tender, with a budget of €10 million, will be aimed at installing residential solar arrays in the second quarter of 2025 and will cover up to 50% of the investment costs. Additionally, the Croatian authorities will announce a €25 million call to co-finance solar plants and heat pumps for the public sector in the second quarter.

How much does hydropower cost in Croatia?

The final average price for the PV technology came in at €0.056 ($0.065)/kWh, while the average price for hydropower was €0.158/kWh. The Croatian authorities initially reviewed 144 projects totaling 713 MW for the auction. The tender was carried out in two phases.

How much does a solar subsidy cost in Croatia?

The maximum reference values of premiums for solar are EUR 82.04, and EUR 75.27 for wind. It is the second round of auctions since Croatia introduced the renewable energy subsidy mechanism in mid-2020. The first one for small units was held in early 2021 and the first one for utility-scale projects was conducted in July 2022. The response was poor.