Portugal Solar Auction Results in Record Low Bid of €14.8/MWh

The capacity auctioned is more than twice the current solar capacity of Portugal

August 5, 2019

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Portugal’s recent solar auction resulted in a record low bid of €14.76 (~$16.4)/MWh, Joao Glamba, the secretary of state for energy told news agency Reuters. In the 1,150 MW auction, 13 bidders won projects among all the competing entities.

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Ramya Ranganath

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Portugal Solar Auction Results in Record Low Bid of €14.8/MWh

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