cfd

More than 2GW of solar has won contracts in the UK’s latest renewables auction clearing at a strike price of £53.40/MWh (US$64.19/MWh).

Portugal's latest solar auction made headlines earlier this month as record-low negative bids were posted, with the results illustrating the value developers place on securing a grid connection and the strong potential they see in hybridising renewables assets.

The UK government has confirmed solar’s ability to participate in the country’s next renewables auction, which is expected to contract for up to 12GW of new capacity.

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.

Rome’s second CfD auction awards solar 19.4MW of total 500MW while Lisbon sets lower ceiling prices for new PV tender, set to launch one year after exercise that produced €14.76/MWh tariffs.

Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.

Warsaw sets early December dates for 2.5GW (>1MW projects) and 750MW (

Module maker to supply diverse mix of modules via marketing network of ILB Helios, in deal signed as Rome readies first auction of series meant to drive clean energy boom.

European Commission’s green light will see country inject up to €5.4bn into PV, wind and others via auctions and contracts for difference until 2021.

A consortium of investors have purchased the project rights for 42MW of capacity awarded in the country’s contracts for difference (CfDs) scheme.