Hanwha Q Cells was biggest victor in Portuguese solar auction

Aug 26, 2020 12:32 PM ET
  • The South Korean photovoltaic panel manufacturer safeguarded around 300 MW of the 700 MW granted in the purchase round. The various other winners are reportedly Spanish power company Iberdrola, Italian peer Enel as well as French-owned programmer Tag Energy.
Hanwha Q Cells was biggest victor in Portuguese solar auction
Image: Nathan Hughes Hamilton/Flickr

South Korean photovoltaic panel maker Hanwha Q Cells was the most significant victor in the Portuguese national PV auction which concluded the other day.

The firm validated to pv magazine records it had been successful in winning six of the twelve generation ability lots designated in the workout, without exposing final solar power rates or designated capability. "The business will supply further information soon," a speaker stated.

Portuguese monetary paper Jornal de Negocios, mentioning a post in competing title Expresso, has actually reported Hanwha secured around 300 MW of the 700 MW offered, with every one of its project bids featuring energy storage. The other champions, according to Expresso, were Spanish utility Iberdrola, Italian peer Enel and renewables designer Tag Energy, part of the French Impala Group.

The auction outcomes are still to be introduced. On Monday, Expresso reported the workout had actually attracted a globe record low solar energy bid of EUR0.0112/ kWh ($0.0132).

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