The Qatar General Electricity and Water Corp (Kahramaa) has revealed the 800 MW solar tender concluded last week delivered a final price of QAR0.0571/kWh ($0.016/kWh) – the lowest winning bid ever registered in an auction for large scale renewable energy.

The utility said the winning consortium, formed by French oil giant Total and Japanese conglomerate Marubeni Corp, had initially submitted a bid of QAR0.0636/kWh.

Read more.