In Chile, Spain’s Solarpack Corp. Tecnologica has installed the first panels at its Granja Sola plant. The plant is due online by the end of the year, at which point it will become the cheapest generator of electricity anywhere in the world.
Earlier this year Solarpack won an auction to provide 123 megawatts (MW) of electricity at $29.10 per MWh, or $0.0291 per kWh at its Granja Sola plant. This breaks the current record held by Dubai’s Electricity and Water Authority (DEWA) which announced a deal earlier this year at $0.0299 per kWh.
