Gestore dei Servizi Energetici (GSE), Italy's energy agency, has allocated 368.2 MW of renewable energy capacity in the country's 11th renewable energy auction, for projects above 1 MW in size.

The GSE awarded 149 MW of solar capacity across 16 locations and five wind projects with a combined capacity of 213.8 MW. The PV projects range in size from 1.7 MW to 49.5 MW.

The developers offered a maximum discount ranging from 2% to 2.8% from the auction ceiling price of €0.065/kWh. The lowest bid came in at €0.0607/kWh and was offered for the largest project – a 75.6 MW wind farm planned in the province of Foggia, southern Italy.

The bids were slightly higher or equal to those in the 10th renewable energy auction and all other previous actions.