Weekly MENA Newsletter will be delivered to your email in PDF format every Friday (52 Issues per Year).
Abu Dhabi Water and Electricity Company (Adwec) on 28 February signed a 25-year power purchase agreement with Japan’s Marubeni and China’s JinkoSolar for a 1.18GW solar photovoltaic (PV) plant to be built at Sweihan, 120km east of Abu Dhabi city.
When state utility Adwea, owner of Adwec, prequalified companies to bid for the Sweihan solar project, it specified a capacity of 350MW. However, it appears that Adwea has been persuaded to opt for a world record size project in return for a record low unit cost for electricity.
While the cost for electricity has not been confirmed, Adwea announced last autumn that it had received six bids for Sweihan, offering weighted levelized costs of electricity ranging from Dh0.089/kWh (US¢2.42/kWh) to Dh0.133/kWh (US¢3.63/kWh – MEES, 23 September 2016 ). (CONTINUED - 597 WORDS)
DATA INSIDE THIS ARTICLE
|table||UAE Power Generation Capacity|