Solar Sold in Chile at Lowest Ever, Half Price of Coal
- Solarpack won solar contracts for $29.10 a megawatt-hour
- Power prices declined 40% in Chile’s largest-ever auction
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Solar power just sold for the lowest price ever, in Chile.
The Spanish developer Solarpack Corp. Tecnologica won contracts to sell power from a 120-megawatt solar plant for $29.10 a megawatt-hour at an energy auction this week.