The Floor for Ultra-Low Solar Bids? $14 per Megawatt-Hour

By [email protected] There’s a bottom to bottoming-out solar bid prices, according to a new report from GTM Research.

In recent years, predictable and transparent tender programs have pushed unsubsidized solar auction prices lower and lower, with prices dropping an average of 74 percent since 2009 and seven record-breaking bid prices coming in the last two years.

But new research signals there’s an end to the market’s “crazy-low” prices, according to GTM Research solar analyst Ben Attia. The magic number is $14.70 per megawatt-hour in a 2022 scenario with optimal financing and technology costs.

“Is there still room for prices to fall? The answer

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