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world record low price for solar

Phase V of Dubai solar park to take shape before Phase IV

Utility DEWA has announced the first 300 MW of the fifth phase of the Mohammed bin Rashid Al Maktoum Solar Park will be commissioned next month, with the first stage of the fourth phase due to arrive two months later.

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Portuguese government confirms world record solar price of $0.01316/kWh

The Portuguese government has revealed some of the preliminary results of the national solar auction which closed on Tuesday. Antonio Delgado Rigal, chief executive of energy forecasting service Aleasoft, said that the 15-year contracts awarded in the auction were the key to understanding the reason of such a low price. This, combined with the rights for land and grid connection guaranteed by the auction, makes attractive bidding at low prices.

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Brazil A-4 auction signs 211 MW of solar for record-low price of $0.0175 kWh

Cracking the two-cent-mark as a global standard for PV appears within sight as projects in the U.S. and Brazil have been signed below that threshold. Just two years ago the industry celebrated sub-three-cent bids in the MENA region. Prices have come down so quickly, however, the new records are another third cheaper.

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