Turkey’s 1 GW PV tender sees lowest bid drop to $0.022/kWh


The lowest bid in Turkey's 1 GW PV tender, which the Minister of Energy will finalize by the end of this week, is currently TRY0.185/kWh ($0.022). It was offered for a 10 MW solar power plant to be located in the Antalya region, in southern Turkey.

The previous lowest bid of the procurement exercise – TRY0.209/kWh ($0.0254) – had been submitted on Monday, for a 15 MW project in the Adıyaman province of southeastern Turkey.

I believe the recent and future, planned IPOs of Turkish energy companies, which attracted several international funds, have [had] a positive effect on these numbers,” Eren Engur, a board member of the energy storage committee at the Turkish PV association, Günder, told pv magazine.

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More details on the projects and the allocated capacities are expected to be announced over the next weeks.

*The article was updated to specify that the first phase of tender, and not the tender itself, will be finalized by the end of this week.

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