According to Saudi Arabia’s Crown Prince, a new global world record for solar tariffs at auction has been set – $10.4 per MWh, from the 600 MW Al Shuaiba PV IP Project. While such a statement from Mohammad bin Salman bin Abdulaziz or the Saudi Arabian government is suspect, especially on future megaprojects, this still fits the trend. Saudi Arabia has set the record before, as have its neighbors in the UAE and Qatar. Record Low Solar Tariffs at Auction Year Country $ per MWh 2017 Qatar 24.2 2018 Saudi Arabia 23.4 2018 Chile 21.5 2019 Brazil 17.5 2019 Portugal 16.5 2020 Qatar 15.6 2020 UAE 13.5 2020 Portugal 13.0 2021 Saudi Arabia 10.4 This week has also seen the…