In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."
GCF backs US$537m scheme to lower credit barriers for solar (280MW) and wind (50MW) IPPs in African country, in year when Eskom’s woes have cast doubts over state-offtaker route.
Mercom: Rising allocations from debt players, private equity, venture capital and public markets helped global industry raise US$9bn between January and June 2019.
Maturation of solar asset class into subsidy-free venture in some markets could see industry become better fit with utilities comfortable with power price swings, firm says.
U-turn by Trump administration may slow bifacial switch by Southeast Asian makers but will not stop technology from capturing utility-scale market by early 2020s, analysts tell PV Tech.
Connection of plug-and-play hybrid to national grid will help reduce energy poverty in western African state, working to hit power capacity of 300MW by 2025.
32MW Djermaya is contracted to sell power to the diesel-monopolised national utility and will mark series of debuts for African state, including its first electricity private-public-partnership.
New incentive programme meant to help kingdom meet 60GW-by-2030 renewable target sees the light in the wake of Abqiaq drone strike and oil price uncertainty..
Strong PV growth was 'chief driver' of 24% rise in group-wide EBITDA between H1 2018 and H1 2019, says IPP as it notes this year’s European tender milestones.
Decade-long plummeting of renewable costs as nuclear became pricier means new solar and wind are the cheaper, time-efficient ally against climate change, new study says.
