It was the first time in five years that Spain had arranged a green energy call for five years last week. By participating in 2,026 MW from the 3,034 MW in the auction, solar energy was clearly able to prove its ability to compete on a level playing field.
Here are the three key occurrences that happened in the event:
2026 from the 3,034 MW in solar power that had been sold at the second round of auction has been added to the grid.
If the world average cost of solar dropped to 24.47 …