March 20 Energy News
World:
¶ The Spanish utility company Endesa purchased 410 GWh of solar electricity, during a recent solar energy auction for Portugal and Spain, at a price of €39.6/MWh ($43.82/MWh). The quarterly auctions relate to roughly 500 GWh of generation, varying at the various times of year. [CleanTechnica]
(This is extremely important. In this case, the wholesale price of unsubsidized solar power has fallen below to 4.4¢/kWh. Even with the price of battery storage added, it competes with electricity from natural gas at a time when the price of gas fuel is low.)
PVs in El Paso, La Palma, Spain. Photo by Rufus46.
CC BY-SA 3.0 unported. Wikimedia Commons.
¶ The province of Jujuy in Argentina will develop 700 MW of solar PV projects with the German company Photovoltaic Park, following the signing of letter of intent between the two. Three different projects, in different parts of the province, and will…
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