Portugal claimed to have again set a new world record-low for renewable power as one of the winning bids in its latest solar auction came in at €11.14/MWh ($13.16).

The ultra-low bid was for part of 670MW of PV auctioned by the Portuguese government and trumps the €14.76 level set in Portugal in 2019.

It also just outstrips the $13.50/MWh