Wind prices remain under pressure across the board

Winning prices in the latest onshore wind tender in India rose marginally, while prices in Brazil declined almost one third since the auction in December. In both countries, major western utilities are putting pressure on prices.

The price pressure in onshore wind shows no signs of letting up.

This seems evident after the conclusion of auctions in two key markets – India and Brazil. India's national market saw the vast majority of the tendered 2 GW go for a price of INR 2.51/kWh (EUR 3.1 cents/kWh), while the 114 MW wind up for tender in Brazil's total 800 MW renewables tender went for a price of just BRL 67.6/MWh (EUR 16/MWh).

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