Abu Dhabi’s 1.5 GW tender draws world record low solar bid of $0.0135/kWh
With that tweet, the media office of the UAE government announced the world's lowest price for solar electricity was today agreed in the 1.5 GW solar tender the Emirates Water and Electricity Company (EWEC) launched in July.
The bidder was a consortium formed by French energy group EDF and Chinese solar company JinkoPower. Industry sources have told pv magazine the consortium offered AED0.0497/kWh ($0.013533) for the power generated at Al Dhafra.
Emirati newspaper The National, meanwhile, reported the other offers were submitted by four consortia: One formed by Saudi energy giant ACWA Power – and including Chinese utility Shanghai Electric according to an earlier report by the Energy and Utilities website; another comprised of French oil giant Total and Japanese trading company Marubeni; another including French group Engie and International Power; and a fourth including Japan's Softbank and Italian oil and gas provider Eni. The Energy and Utilities website had reported the Engie bid was lodged alongside Al Fanar, rather than International Power.
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