LISBON – Energy auction world record

The solar auction at which 670 megawatts (MW) were awarded broke “a new world record” with the price of €11.14 MW-hour (MW/h), announced Portugal’s Environment Minister João Pedro Matos Fernandes at a press conference in Lisbon.

“The auction was in fact a success, even greater than the auction that took place a year or so ago […] We set a new world record, which was achieved from an absolutely transparent auction,” the minister added.

According to the ministry, the company Hanwha Q-Cells was the “big winner” of this second solar auction, both in number of lots (six) and in adjudicated capacity (total of 315 MW).

(Maria João Pereira, Lusa.pt)

Subscribe to our newsletters

Subscribe