L R AS Published on Saturday 2 May 2020 - n° 320 - Categories:auctions

The EDF-Jinko Solar consortium would be the cheapest for the Al Dhafra project

A consortium comprising EDF and JinkoSolar would be the cheapest bidder in the Abu Dhabi solar bidding process. The bid price would be set at

1.35 US cents / kWh over a 30-year period. The 2 gigawatt Al Dhafra project in Abu Dhabi is expected to be completed by mid 2022. It will be the world's largest single-site solar energy project.

GreenTech Media of 28 April

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This would be the new record price for global solar energy.

This offer would be $0.00021 / kWh lower than the 0.0156 of Total and Japanese Marubani. It comes from the 1.5 GW tender launched by Emirates Water and Electricity Company (EWEC) in July. (Editor's note: 2 GW is referred to above).

The selected consortium will own up to 40% of a company created for the project. The remaining 60% will be owned by Abu Dhabi Power Corporation and other government entities.

PV Magazine of 28 April

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