Solar power cheaper than coal in Chile

[OKIsItJustMe]

http://www.themanufacturer.com/articles/green-energy-boom-leads-solar-companies-to-clean-up-at-chiles-energy-auction/

[font face=Serif][font size=5]Solar power cheaper than coal in Chile[/font]

Posted on 24 Feb 2016 by Aiden Burgess

[font size=4]Renewable companies clean up at Chile’s energy auction.[/font]

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All of the bids for wind projects came in at between $78-$95 per MWh, with solar bids coming in as low as $65 per MWh.

First Solar, through project company SCB II SpA, won a 20-year contract to supply 88GWh annually, while fellow renewable energy company Solarpack, through its subsidiary Amunche Solar SpA, won a 20 year contract to supply 100 Gwh annually.

First Solar’s bids came in at between US$67-68 per MWh, while Solarpack’s were $65 per MWh.

These bids were considerably lower than their other power industry competitors, with coal power bidding at $85 per MWh and wind farms bidding at $79 per MWh.

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[KelleyKramer]

1. Looks like wind is also cheaper than coal n/t