[SMM PV News] Greece Launches First ’Apollo‘ Auctions for 600 MW Renewable Capacity; Solar-Storage Capped at €80/MWh

Published: Feb 10, 2026 09:12

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Greece's energy regulator (RAAEY) has initiated the first auctions under the ’Apollo Program‘, tendering 200 MW of solar-plus-storage and 400 MW of wind capacity to lower electricity costs for low-income households. The single-step static auction requires developers to submit bids by March 16, with maximum strike prices set at €80/MWh for solar-storage projects and €75/MWh for wind. Winning projects will secure 20-year Contracts for Difference (CfDs) and must be grid-ready by December 31, 2027. To ensure competition, the regulator mandates a 40% oversubscription rate and limits any single bidder to 25% of the total capacity. A second phase targeting municipalities is expected later this year.

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