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Ireland's first large-scale renewable energy auction

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Published by Mars August 10,2020

Quick answer: A 10KW solar system of this configuration produces about 62KWH per day from 28x360W monocrystalline panels and driven by a 10KW/14.3KVA inverter. Built by Mars Solar (factory since 2008), CE/ROHS certified, 25-year panel life, shipped factory-direct to 130+ countries.

    The Irish government announced the preliminary results of the country's first large-scale renewable energy auction. If these results are confirmed, it means that in the auction launched at the end of April, the allocated clean hybrid solar system energy power generation facilities will exceed 2,237 GWh.
10kw Solar System
 

    The country’s Minister of Communications, Climate Action and Environment, Eamon Ryan, said these results are very competitive and save a lot of money compared to previous support programs. The capacity purchased by the country has enabled them to take the right step on the road to achieving the 70% renewable energy target in 2030. Solar power plants have the largest share, with approximately 796 megawatts of power generation capacity. Wind power is expected to be 479 megawatts.
On Grid Solar System
 

    The average weighted bid for technology neutral auctions is 74.08 euros/MWh. Unlike previous solutions, when the market price is high, renewable energy generators will be required to pay electricity consumers. The bidding price is also fixed during the support period, and no payment is required during the period when the market price is negative.
 
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