Dubai achieves world-record, lowest ever PV tariff for 900 MW solar project
Dubai Electricity and Water Authority (DEWA) and consortium led by the Saudi Arabian company ACWA Power and consisting of Gulf Investment Corporation sign Power Purchase Agreement for the fifth phase of the world’s largest single site solar park USD 570 million project awarded at world-record tariff of 1.6953 dollar cent per kWh Dubai, United Arab Emirates, 29 April 2020: Following its successful Bid Submission on the 9th of October 2019, Dubai Electricity and Water Authority (DEWA) awarded the 900MW photovoltaic fifth [...]