The prices are up 16% and 9% respectively in local currency terms from similar auctions in August this year.
In US dollar terms, the government raised the wind cap by 6% from $52 at the August auction. The solar ceiling price in US dollars is $100/MWh at today's exchange rate, slightly above the $98 average in August.
Higher prices are a demand from renewables developers to make up for rising financing costs, a strongly devalued local currency and higher inflation.
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