auction

The government of Colombia has announced plans to hold a renewable energy auction in the first quarter of 2021 that it says could represent an investment of more than US$6 billion in the country.

Portugal’s second solar auction has closed with record-breaking low prices of €11.14/mWh (US$13.12), the country’s government announced this afternoon.

The levelised cost of electricity (LCOE) of solar in the UK could fall to just £28/MWh by 2040, according to new projections published by the country’s government.

Portugal’s environment minister has revealed a solar tender due to take place in the country at the end of the month is ten times oversubscribed.

Solar projects have scooped nearly 800MW of contracts from Ireland’s first Renewable Energy Support Scheme (RESS), smashing all expectations.

1.2GW hybrid tender coupling hydro, batteries, solar and wind achieves highly competitive tariffs versus coal power, say prominent industry figures.

Industry members tell PV Tech of rising costs, a FIT reduction fall out, cutting power and utilities 'aggressively' entering the market.

Only small project winners line up contracts as Ministry hands out far less capacity than was on offer when the tender exercise was launched.

DOE wants to help the industry meet its Renewable Portfolio Standards (RPSs) through competitive auctions.

São Gonçalo PV project is being billed as South America's largest and has a 133MW extension underway. Meanwhile, EDPR secures PPA for 66MW plant in Paraiba.