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At $28.40/MWh for solar PV and $27.70/MWh for wind, Colombia’s weighted average prices were significantly lower than the global average for auctions in 2018. For solar PV, the Colombian figure was half the global $56/MWh, while in wind, it was 42 percent lower than the global $48/MWh. A supplementary mechanism saw slightly higher prices: $29. ...

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