US: Thin film solar energy sells cheaper than coal fired

According to the terms of the proposed PPA for the 50 MW Macho Springs solar park in New Mexico, First Solar would be selling the energy generated by its thin film modules for a record low price for the technology.

News agency Bloomberg cites a New Mexico Public Regulation Commission document relating to the yet-to-be-agreed PPA in which El Paso Electric Company agrees to pay just US$57.90/MWh generated at Macho Springs.
The resulting $0.0579, or six cents, per kWh is less than half the average price of energy generated by new coal-fired power stations (12.8c/kWh) and significantly less than the typical price of thin film generated power (16.3c/kWh, both according to figures from Bloomberg New Energy Finance).
The PPA is expected to be signed off by June.

More about
Written by

Comments

Retrospectiva fotovoltaica: hace 10 años del parón de la solar en España y de la grid party – pv magazine España
Aug 16, 2023

[…] en Nuevo México, por el que First Solar vendería a El Paso Electric Company la energía generada a un precio récord de 57,90 dólares/MWh. Según los datos del mercado en el momento, los 0,0579 dólares por kWh son menos de la mitad del […]