An Asian consortium involving China-based PV manufacturer and developer JinkoSolar and Japanese conglomerate Marubeni Corporation has submitted the lowest ever bid for solar PV capacity in Abu Dhabi, standing at US$0.0242/kWh.
Developers including Italy’s Enel Green Power and Saudi Arabia’s ACWA Power and Abdul Latif Jameel (ALJ) have pulled out of the running for the upcoming 350MW solar tender in Abu Dhabi.
Masdar’s five small-scale solar energy projects are to be inaugurated this week in the Pacific Island countries and territories under the US$50 million UAE-Pacific Partnership Fund (UAE-PPD).
A new 767kW solar power project was recently completed in the Pacific nation of Vanuatu — marking the latest undertaking performed by the United Arab Emirates-Pacific Partnership Fund (UAE-PPF).
Spanish renewables giant Abengoa, which entered insolvency proceedings last November, has sold its 20% share in the 100MW Shams-1 concentrated solar power (CSP) plant in the United Arab Emirates to Abu Dhabi-based renewable energy company Masdar.
The Abu Dhabi Water and Electricity Authority (ADWEA) is tendering for developers to take part in a 350MW solar PV project located at Sweihan, Abu Dhabi.