Saudi solar bids debunked: what we know so far

Yesterday’s record-breaking bid opening in Saudi Arabia for 300MW of solar has grabbed headlines, including on PV Tech, but while the exact parameters of the RfP remain covert, the bid levels have sparked debate about whether such low prices can be possible without some kind of escalating tariff mechanism or other distortion.

Masdar doubles clean energy capacity in Mauritania

Abu Dhabi’s leading renewable energy firm Masdar has completed eight new solar PV projects in rural communities in Mauritania, doubling the amount of clean power provided to the Islamic Republic nation and powering some 39,000 homes.

Lowest ever solar bids submitted in Abu Dhabi

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.