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Mercado Regulado de Energia Eléctrica

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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Global PV market: 114 GW to be installed in 2019, with continued growth onwards

According to the latest market forecast published by Wood Mackenzie, it seems that global PV installation figures will rise to 125 GW per year from 2020. Continued global capacity expansion will come in through a growing gigawatts-club.