Climate Changed Saudi Arabia Gets Cheapest Bids for Solar Power in Auction

Region
Middle East and North Africa
Country
Saudi Arabia
Publication Year
Oct,2017
Keywords
solar

 

Competitive solar tenders have decisively contributed to rapidly declining solar PV prices across the globe. In Saudi Arabia, an October 2017 auction resulted in a new record low for solar PV with one bid at 1.79 US cent/kWh. Solar prices are, however, not fully comparable because of country-specific factors and different parameters of each auction. Read more.

Last Updated : Thu,2018-11-22