2.42 cents/kWh: Record low price for solar power in Abu Dhabi


The government-owned Abu Dhabi Water & Electricity Authority (Adwea) received a bid of 2.42 $-cents/kWh for solar power from a planned PV plant with at least 350 MW capacity.

The bid came as a joint offer from JinkoSolar Holding Co. based in China and Japan-based Marubeni Corporation. The PV plant is located in Sweihan (also written as “Sweihan”), approximately 100 km east of the capital Abu Dhabi.  Utility Adwea expects to start operations in the first quarter of 2019.

The record bid reflects falling costs for PV technology and cheaper financing options for renewable energy projects. Before the current bid in Abu Dhabi, the world record for the lowest price was at 2.91 cents/kWh, which was set at an auction in Chile in August 2016.

There are still other offers by different bidders, including for example the developer Masdar, being evaluated.

Tanja Peschel

Similar Entries

ISE Group, Total and SunPower have started up a 27-megawatt-peak photovoltaic power plant in Nanao on Japan's Honshu Island. Completed one year after the beginning of construction, the plant will generate clean and reliable electricity to serve thousands of Japanese households on the island.

Wind power has gone past 10,000 MW of generation for the first time (Photo: iStock)

RenewableUK is celebrating as National Grid says onshore and offshore turbines have set a new record by generating more than 10,000 MW of electricity for the first time.

PV power plant developers will now be able to access a complete utility scale and commercial and industrial (C&I) rooftop solar solution under a new partnership between PADCON and Jurchen Technology. The partnership, which comes into effect June 1, 2017, will offer a comprehensive balance-of-system (BoS) solution to developers and EPCs from mounting structures and DC cabling, right up to SCADA-based monitoring and potential induced degradation (PID) prevention and reversal solutions.

Multicrystalline world record solar cell made of n-type HPM silicon material (Photo: Fraunhofer ISE)

In all the commotion about falling module prices, the subject of cell efficiency is sometimes overlooked. Fraunhofer ISE, which is based in Freiburg, has put the topic back in the spotlight by announcing a new world record for efficiency with multicrystalline cells: 21.9 %.