Three different companies including Shell and Hevel win a solar auction in Kazakhstan
Three different companies, including Royal Dutch Shell Plc and Russian group Hevel, have won in a solar auction in Kazakhstan.
The auction has attracted 28 applications for a total volume of 1,270.2 MW from 20 companies, each proposing projects ranging in size from 10.2 MW to 100 MW. The lowest bid was KZT 18.6 (USD 0.051/EUR 0.044) per kWh and the highest was KZT 32/kWh.
The winners are as follows:
- JSC Hydroenergy company
- Avelar Solar Technology LLC
- Avelar Solar Technology LLC
- Shell Kazakhstan BV Branch
The tender is part of a series of auctions taking place from October 3 to October 18 as the government aims to contract 1 GW of renewable power in 2018. The targeted capacity is 290 MW of solar, 620 MW of wind, 75 MW of hydropower and 15 MW of biopower.
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