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Browsing the "Abu Dhabi Power Corporation" Tag

1.35 Cents/kWh: Record Abu Dhabi Solar Bid Is A Sober Reminder To Upbeat Fossil Fuel Pundits

June 8th, 2020 | by Carlo Ombello

A rather meaningful piece of energy news went almost unnoticed in recent weeks. The Abu Dhabi Power Corporation announced the lowest tariff for solar energy in the world. The new record came as the winning bid for the upcoming 2 GW solar power plant, the Al Dhafra Solar PV project, set the world’s most cost-competitive tariff for solar PV energy, at USD 1.35 cents/kWh


Abu Dhabi To Have Cheapest Solar Power Ever — 1.35 Cents Per Kilowatt-Hour

May 6th, 2020 | by Johnna Crider

The UAE's other major city, Dubai, set the low-solar-PV-price record in January 2015 at what was then a shocking 5.98¢/kWh, then did so again in 2016 at 2.99¢/kWh. Dubai also set a low-price record for concentrated solar power (CSP), at just 7.3¢/kWh. The new low-PV bid chosen by Abu Dhabi's public electric utility will bring down the cost of solar power to just 1.35¢/kWh



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