Wind auction (424-2011)

Given the below-expected prices obtained in the 2011 auction from the 159/2011 Decree, the Decree 424/2011 was set in order to allow developers who were unsuccessful with the 159/2011 decree to be awarded PPAs at USD 63.5/MWh for projects up to 50MW.

The project developers had to satisfy all requirements set by the Decree 159/2011 unless otherwise mentioned in 424/2011. The decree did not allot more than 50MW to any bidder.

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