The renewable energy auction held the by the Chilean National Energy Commission (CNE) has not only seen the lowest bid ever recorded for a large scale PV project in Latin America – $0.01332/kWh – but has also delivered a bid of $0.03399/kWh for a concentrated solar power (CSP) project, which is the lowest offer ever reported for an energy auction at a global level to date.

The bid was submitted for the 390 MW Likana Concentrated Solar Power (CSP) project under development by EIG Global Energy Partners.

World record low bid of $0.03399/kWh for CSP technology in Chile’s renewables auction – pv magazine International (pv-magazine.com)