UPDATED: Saudi Arabia’s 300MW solar tender has seen opening bids go lower than two US cents, setting the tone for a new global solar power tariff record if awarded.
Spain has awarded 3,909MW of solar PV capacity and 1,128MW of wind capacity to 40 companies in its latest auction, which was originally set to be only a 3GW tender.
The Solar Energy Corporation of India (SECI) has cancelled 950MW worth of solar tenders as the extreme dive in solar tariffs across India continues to impact tenders, but it is expected to retender this capacity.