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Portugal's 700 MW solar tender was 10 times oversubscribed

 Last Update: 2023-01-03
 Source: Internet
 Author: User

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Portugal's environment minister, João Pedro Matos Fernandes, announced that the auction of large-scale solar PV projects, which are expected to be completed next month, are now tenfold
oversubscribed.

Portugal's environment minister said that 35 bids have been awarded for one bid, and the auction is scheduled for August 24-25
.

The 700 MW solar tender was originally scheduled for January, but due to the pandemic, the tender was postponed in March, but the actual situation delayed it until early June
.

Last summer, the country held its first solar auction, allocating a total of 1.
15 GW of solar power, which is still below the original plan of 1.
4 GW
, although oversubscribed.
This purchase provided a solar electricity price of 0.
0147 euros/kWh, which once set a new world record
.

solar energy

Portugal's environment minister said that 35 bids have been awarded for one bid, and the auction is scheduled for August 24-25
.

The 700 MW solar tender was originally scheduled for January, but due to the pandemic, the tender was postponed in March, but the actual situation delayed it until early June
.

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