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In 2019, a competitive auction for a new PV plant saw a worldwide record low bid of 14.76 per MWh, well below other generating technologies. The auction awarded 1.150 MW of solar capacity to various companies, significantly more than the total installed capacity at the time. A 2020 auction saw a price of €11.16 per MWh. Solar power interest is growing exponentially in Portugal. João Galamba, the State Secretary for Ener.
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