A European onshore wind record-low bid of €20/MWh ($24.20/MWh) was among the winners of Spain’s latest renewable energy auctions.

The Spanish government awarded power deals for 1GW of wind and another 2GW of solar in the January tender, the first under the country’s new-look renewables support scheme based on a contract for difference (CfD) mechanism, said industry group WindEurope.

Wind bids ranged from €20-28.89/MWh,