3. 999 cents per KWh. Africa 120 mw photovoltaic bidding results

Solar photovoltaic (pv) net news: Zambia on Friday announced the 120 mw photovoltaic project bidding results, in the lowest price to 3. 999 cents/KWh, 6 projects after the weighted average of 4. 41 cents/KWh.

this is also so far in sub-saharan Africa (except in South Africa SSA) Implementation the biggest single tender and SSA region for the first time through the public bidding for less than 4 cents/KWh electricity price. The winner will receive 25 years of PPA.

the tendering planned capacity is 100 mw, but due to the bidding results than expected, so much given 20 mw of installed capacity. It is worth noting that the bidding result is not only based on price, but according to the technical and financial evaluation scores.

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