Dubai Solar Park

Here’s Why The Middle East Leads In Lowest Solar Tariffs

We have seen solar power tariffs in competitive auctions crash to unprecedented levels across the world over the last few months. These have been mostly led by companies bidding for projects in the Middle East, with some also involved in projects in South America, particularly Chile. So what are the possible reasons that made the Middle East a leader in low-cost solar power?

Dubai Plans $7.3 Billion Renewable Energy Tenders

Dubai Electricity and Water Authority has announced a comprehensive plan to significantly increase investment in renewable energy projects. Announcing its annual budget, the Dubai Electricity and Water Authority (DEWA) stated that it will float tenders worth Dh 27 billion (US$7.35 billion) to set up renewable energy projects. The projects are … [continued]