Morocco’s recent bid round for 850MW of large-scale wind energy projects may have set the record for lowest production costs at an average of $30/MWh, Clean Technica reports. Some bids were as low as $25/MWh. The pricing, revealed by Morocco’s Energy Minister, is among the lowest costs ever estimated for wind energy – largely due to Morocco’s advantageous Atlantic trade winds and some financial concessions.
Abderrahim El Hafidi, the Vice Minister of Energy and Environment, described the bid round results as “extraordinary” and “amazing” and that the round points to a “real revolution” in the means of producing energy.
The lowest bidder has not been revealed, but some reports have predicted the lowest bid to have come from a consortium led by Italy’s Enel Green Power, and included Morocco company Nareva Holdings and turbine builder Siemens.