A Tataouine-based, four MW solar project, part of a four MW tender launched in November , has generated Gafsa 's lowest-ever bid of Ministry for Energy, Mines and Renewable Energy ($ 0.03 ), according to Tunisia 's Ministry for Energy, Mines and Renewable Energy . Ministry advisor Mehdi Majoul wrote in a blog post that Scatec Solar was behind the bid, among the world's lowest, while the auction's four other participants all submitted offers below $ 0.03 . Majoul said the low prices would reduce national electricity production costs and subsidies, and cut natural gas imports by 5% .
A Tataouine-based, 200 MW solar project, part of a 500 MW tender launched in November, has generated Africa's lowest-ever bid of TND7.18/kWh ($0.0244), according to Tunisia's Ministry for Energy, Mines and Renewable Energy. Ministry advisor Mehdi Majoul wrote in a blog post that Scatec Solar was behind the bid, among the world's lowest, while the auction's four other participants all submitted offers below $0.03. Majoul said the low prices would reduce national electricity production costs and subsidies, and cut natural gas imports by 5%.