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jpak

(41,760 posts)
Tue Jul 23, 2019, 11:52 AM Jul 2019

Lowest bid in Tunisia's 500 MW solar tender comes in at $0.0244

https://www.pv-magazine.com/2019/07/23/lowest-bid-in-tunisias-500-mw-solar-tender-comes-in-at-0-0244/

Tunisia’s Ministry for Energy, Mines and Renewable Energy has received five bids for the 500 MW solar tender it launched in November.

Mehdi Majoul, an advisor to the ministry, wrote on his LinkedIn social media account that the bids, submitted by unspecified leading international solar companies, all offered record low energy prices for the Tunisian market, according to the tender’s preliminary results.

Majoul added, the lowest bid – DT71.800/kWh ($0.0244) – was for a 200 MW project in the province of Tataouine. Two 50 MW projects, in the provinces of Sidi Bouzid and Tozeur, attracted offers of DT79.300/kWh ($0.027), according to the advisor, and the two remaining 100 MW projects – in the provinces of Gafsa and Kairouan – prompted bids of DT79.900/kWh ($0.0272) and DT84.100/kWh ($0.0286), respectively.

“Notably, the tariff tendered by the company Scatec Solar for [the] Tataouine project, namely $0.0244 per kilowatt hour, is the lowest bid ever recorded in Africa and is among the lowest in the world,” wrote Majoul. “The prices proposed under this tender will help bring down the cost of production of electricity nationwide and reduce the bill for energy subsidies in addition to lowering national imports of natural gas by 5%. These projects will start operating from 2021.”

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