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.
The city’s municipal utility is readying a 25-year power purchase agreement for 400 MWac of solar at $0.01997/kWh along with up to 200 MW/800 MWh of energy storage at $0.013/kWh.
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