BNEF: Chile auction set to deliver world's lowest cost solar farm

BusinessGreen staff
clock • 2 min read

Analyst firm says last week's national energy auction saw $29.1/MWh bid from solar project, undercutting previous record set by Dubai solar plant

The world's cheapest unsubsidised power plant is set to be built in Chile in the form of a 120MW solar farm, following the country's energy auction last week. Leading analyst firm Bloomberg New Energy...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

More on Solar

Half of Aldi's UK stores expected to feature solar panels by end of 2026

Half of Aldi's UK stores expected to feature solar panels by end of 2026

Britain's fourth largest supermarket chain is planning to install solar panels at a further 62 of its UK stores this year

Stuart Stone
clock 10 April 2026 • 1 min read
'Basking in a solar surge': UK smashes solar generation record two days in a row

'Basking in a solar surge': UK smashes solar generation record two days in a row

Britain's solar farms generated a record 14.4GW of electricity during one period this week, according to the National Energy System Operator (NESO)

clock 09 April 2026 • 3 min read
Government greenlights 'UK's largest' solar power project in Lincolnshire

Government greenlights 'UK's largest' solar power project in Lincolnshire

DESNZ touts solar as 'one of the cheapest forms of power available' in the UK as it approves plans for Springwell Solar Farm

Michael Holder
clock 08 April 2026 • 3 min read