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Abu Dhabi’s state utility Adwea says the six bids it has received for Sweihan offer weighted levelized costs of electricity ranging from Dh0.089/kWh (US¢2.42/kWh) to Dh0.133/kWh (US¢3.63/kWh). “The innovative tariff structure that underpins the bids is weighted towards production in the [peak electricity demand] summer months,” says Adwea.
The lowest bid is the lowest to date worldwide for solar PV generation, beating the US¢2.99/kWh offered by a consortium led by Abu Dhabi’s Masdar to win the 800MW third phase of Dewa’s 5GW solar park at Seih al-Dalal, 50km south of Dubai city (MEES, 1 July). (CONTINUED - 579 WORDS)