The Portuguese energy secretariat has secured 1.15 GW of solar development at an average cost of €20.33 ($22.53 per megawatt-hour), representing an investment of about €800 million or $887 million. One of the bids was made at €14.76/MWh ($16.44/MWh), which was declared a new world record for low solar bidding, according to Portugal’s Journal Económico
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