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Reports: Portugal solar auction attracts record low bids

If the bids are confirmed it would set a new record low price for solar in Europe

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Bids to build utility-scale solar projects in the country have come in as low as €20/MWh, which would deliver some of the lowest priced power in the world to date

Record low bids for solar PV contracts in Portugal have been posted at around €20 per megawatt hour during current auctions to build out 1.4GW of new solar capacity, putting the country on course to achieve...