Portugal

Rooftop PV has reached grid parity in main EU markets

Researchers have developed a high-resolution geospatial method of assessing the solar potential of all buildings in the EU and concluded rooftop PV could provide a quarter of the bloc’s electricity needs. The scientists say grid parity for rooftop solar has been reached outside eastern member states with cheap fossil fuel electricity.

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Winners, projects, prices of Portugal’s record PV auction

The Portuguese government has published the final results and a list of all projects selected in the procurement exercise. French IPP Akuo is the developer behind the record bid of €0.0147/kWh, which was for one of three projects it won in the auction. The second- and third-lowest winning bids were €0.01637/kWh and €0.0171/kWh, while the highest was €0.03116/kWh. Overall, the authorities allocated 1.15 GW of solar in the oversubscribed auction, down from initial plans for around 1.4 GW.

‘Portugal’s bid of €0.01470/kWh is not the price of PV’

Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, says the lowest final price of €0.0147/kWh announced by the Portuguese government from its recent solar auction does not reflect the real costs of PV and is no indicator of the future price of power in the electric market. More details of the auction are emerging and Iberdrola and Akuo appear big winners.

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Portuguese auction attracts world record bid of €14.8/MWh for solar

The stunning low tariff is a third world record in five weeks. Solar prices continue to tumble and with a Saudi auction concluding tomorrow, the Iberian benchmark could be short-lived. The official result of the Portuguese tender will be announced August 10.

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Portugal solar auction reportedly attracts €20/MWh bids

When the minister of environment and energy announced a ceiling tariff of €45/MWh, analysts speculated the price would be too low as it undercut average bidding prices in the region. Preliminary, unconfirmed results of the exercise show, however, companies are happy to bid for two-cent solar in Europe.

Renewables generation cheaper than coal for many power companies – but not yet for Eskom

An investor tool examining the coal fleets of major global power companies has offered up analysis which flies in the face of arguments solar and wind generation could help turn around the debt-saddled South African utility.

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Portuguese 1.4 GW solar tender with €0.045/kWh ceiling receives 10 GW of applications

Despite a demanding ceiling price of €45/MWh the tender has received applications for projects with seven times the generation capacity it will allocate.

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‘Europe’s biggest subsidy-free solar project’ nears completion in Portugal

Chinese manufacturer Jetion Solar has supplied 221 MW of its polycrystalline modules to the scheme, which is being developed by Irish firm WElink Energy with state-owned China National Building Materials the EPC provider.

Africa Energy Forum: $0.09/kWh the norm for African solar

The 21st Africa Energy Forum, this year in Lisbon, kicked off yesterday and will run until Friday. The meeting offers an insight into the continent’s energy markets.

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Portugal’s 1.4 GW auction delayed to mid-July

Projects with capacity 10-50 MW can compete for grid connection with a voltage of 15-60 kV. Projects applying for a connection with a higher voltage will have to have more than 50 MW of generation capacity.

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