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Portugal’s 670 MW Solar Auction Sets a New Record with Lowest Bid of ₹1/kWh

Hanwha Q CELLS turned out to be the biggest winner in the auction

August 28, 2020

/ Rakesh Ranjan
/ Solar, Tenders & Auctions
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The government of Portugal has concluded the solar auction held for 670 MW capacity. The second solar auction by the country set a new record with the lowest bid of €11.14 (~$13.16 / ₹971.3)/MWh or €0.01114 (~$0.01316 / ₹0.97)/kWh.

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Rakesh Ranjan

More articles from Rakesh Ranjan.
AlentejoBifacial TechnologyEuropean UnionPortugalSantas solar projectsolar power
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