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Final Price Reduced to $0.118/kWh for South Korea 2GW Solar Projects Tendering

Release date:2021-07-22 Source:Raytech Pageviews:-

The Korean Energy Agency announced the results of the solar energy bidding launched in early May. It is planned to allocate 2050MW of renewable energy, and the final average price is 136.128 won (US $0.118) per kWh, 7.5 won lower than the previous bidding.

The PV project with the scale of 100kw-500kw is allocated 639MW, with an average price of 138.2 won; For the photovoltaic project with the scale of 500kw-1mw, 504 MW is allocated, and the average price is 132.975 won; In addition, 432MW is allocated to photovoltaic systems with capacity less than 100kW, and the final average price is 149.786 won; 274MW is allocated to solar parks from 1MW to 20MW, with a price of 134.882 won; The share of photovoltaic projects exceeding 20MW is the lowest, 204MW.

Ningbo Raytech New Energy Materials Co., Ltd. specializes in Double glass Solar Modules Manufacturing. The company has independent product R&D teams, national key laboratory and 1.2GW full-automatic manufacturing line. Raytech Double-glass modules come with 12-year product warranty and 30-year performance warranty (2 years and 5 years longer than industry's standard product / performance warranty respectively).


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