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

Languages: English

Published: October 3, 2017

Region: Middle East and North Africa

Country: Saudi Arabia

Sectors: Energy and Power

Keywords: Solar power


Document Details:

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.

Updated: October 25, 2021