In a significant move to enhance its renewable energy landscape, Greece has launched a competitive tender process for 600 MW of new capacity under the Apollo program. This initiative marks the first phase, with plans allocating 400 MW specifically for onshore wind and the remaining 200 MW designated for solar energy projects. The launch reflects Greece’s commitment to increasing its clean energy generation capabilities.
Interested developers are required to submit their applications by 16 March. The evaluation of projects will be completed by 29 April, with preliminary results expected on 30 April, leading up to final awards slated for 7 May. This timeline provides clarity and structure for market participants aiming to engage in this competitive process.
The eligibility criteria differ based on the technology employed. Wind projects must exceed 60 kW, with a bidding cap set at 75 euros/MWh. For solar initiatives, the maximum bid is capped at 80 euros/MWh. This tender is inclusive of both conventional solar installations and hybrid systems that incorporate battery storage, promoting adaptability in energy generation.
The program establishes firm commissioning deadlines; awarded solar projects are mandated to connect to the grid by the end of 2027, while wind projects must commence commercial operations by 30 September 2028. These deadlines are critical for ensuring that new renewable capacities are integrated into Greece’s energy system without delay.
A streamlined single-round auction format will be utilized, which requires developers to present both technical and financial proposals at once. Successful bidders will secure 20-year contracts for difference (CfDs), which are designed to provide stable revenue streams over the long term, thus enhancing financial predictability for investors.
The Apollo program represents a nationwide strategy aimed at broadening access to affordable renewable electricity. It places particular focus on assisting vulnerable consumer segments, municipalities, and public utilities in benefiting from reduced-cost green power solutions. This initiative aligns with broader European objectives surrounding sustainability and energy transition.
