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Industry News · 2026-10-08

Mongolia Awards 220 MW of Solar and 440 MWh of Storage in First Auction

Mongolia signed PPAs for five solar-plus-storage projects totaling 220 MW of PV and 135 MW/440 MWh of batteries.

Mongolia Awards 220 MW of Solar and 440 MWh of Storage in First Auction

Mongolia’s National Dispatching Centre signed power purchase agreements with the winners of the country’s first competitive renewable-energy auction. Five projects across five provinces total 220 MW of solar PV and 135 MW/440 MWh of battery storage: four 50 MW solar-plus-30 MW/100 MWh lots and one 20 MW solar-plus-15 MW/40 MWh lot.

The auction attracted 115 domestic and international companies, with winning tariffs ranging from $0.0485/kWh to $0.078/kWh. The government expects the projects to operate before peak winter demand, while a second Gobi-region auction requires a stabilisation solution and allows international developers to bid through majority-Mongolian consortia. Suppliers should assess local partnership, bid-bond, winter commissioning and storage integration requirements; COTECH has no stated relationship with the auction.

Source

Source date: 2026-09-07. Slug: mongolia-220mw-solar-135mw-440mwh-auction.

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