Abu Dhabi – The Leading Solar Magazine In India

Masdar, a developer and operator of utility-scale renewable energy projects, is eyeing new projects in Saudi Arabia, the United States as well as in eastern and central Europe and southeast Asia, said Mohamed Jameel al-Ramahi DUBAI: Abu Dhabi Future Energy Company (Masdar) plans to boost its renewable energy capacity to 8 gigawatts (GW) before the […]

Featured

Abu Dhabi claims record low US$0.0135/kWh solar tariff for 2GW Al Dhafra project

April 30, 2020 Anand Gupta

Abu Dhabi Power has claimed to have received the world’s lowest tariff for solar for its 2GW Al Dhafra project. A pool of five bidders tendered for the project and the first-ranked bidder – yet to be named by ADP – set their price at US$0.0135/kWh, a sum which would rank as the world’s […]

Asia - Pacific

Abu Dhabi in Talks With EDF, Jinko to Install Huge Solar Farm

April 29, 2020 Anand Gupta

A pairing of Electricite de France’s renewables arm and China’s Jinko Solar is the lead bidder to build a solar farm larger than 4,200 soccer pitches that would supply power at what could be record-low prices. Abu Dhabi Power Corp. in the United Arab Emirates received five bids to build the 2-gigawatt solar project, one […]

Featured

World’s Largest Solar Project Will Also Be Its Cheapest

April 29, 2020 Anand Gupta

A consortium comprising EDF and JinkoSolar emerges as the leading bidder in Abu Dhabi’s latest solar tender. Abu Dhabi has set a global record-low solar price as authorities confirmed the winning bid in a 2-gigawatt tender. Upon its expected completion in mid-2022, it is slated to be the largest single-site solar energy project in the […]

Asia - Pacific

EDF consortium low bidder for 2GW Abu Dhabi solar project

April 29, 2020 Anand Gupta

A consortium led by France’s EDF and China’s Jinko Power submitted the lowest tariff for the planned 2GW Al-Dhafra photovoltaic (PV) solar project in Abu Dhabi. The consortium submitted a weighted levelised electricity cost (WLEC) tariff of AEDfils3.2046/kWh ($cents0.8732/kWh) and an evaluated weighted levelised electricity cost (EWLEC) tariff of AEDfils2.9117/kWh ($c0.7934/kWh), with the second lowest […]

Asia - Pacific

Abu Dhabi borrows $7 billion as low oil price bite

April 27, 2020 Anand Gupta

Abu Dhabi, which has the biggest sovereign wealth fund in the Gulf Cooperation Council (GCC), said that its offering was oversubscribed by more than six times Abu Dhabi: The emirate of Abu Dhabi said on Sunday it had sold $7 billion of bonds in the third major sale this month by Gulf sovereigns seeking to […]

Featured

Renewables Account for Almost Three Quarters of New Capacity in 2019

April 6, 2020 Anand Gupta

Sector adds 176 GW of generating capacity with solar and wind accounting for 90 per cent of additions Abu Dhabi, United Arab Emirates: The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per […]

Featured

Abu Dhabi postpones Dhafra solar plant final bids announcement: WAM

March 27, 2020 Anand Gupta

The decision was taken in light of rules barring large group meetings due to the outbreak of the coronavirus, WAM reported. DUBAI: Abu Dhabi’s department of energy has postponed the announcement of the winning bids for developing a 1.5 gigawatt (GW) solar power plant in the Al Dhafra region, state news agency WAM reported late […]

Asia - Pacific

Abu Dhabi-based firm to invest in Cirata solar plant construction

January 14, 2020 Anand Gupta

The project’s investor is Masdar. It is the largest company in renewable energy in the Gulf Jakarta (ANTARA): Indonesia’s PT Pembangkit Jawa Bali Investasi (PJBI) inked a power purchase agreement with Abu Dhabi-based renewable energy company Masdar to construct a US$-129 million floating Solar Power Plant (PLTS) at Cirata Dam, West Java. The agreement for […]

Middle East & Africa

EWEC receives bids for world’s largest solar plant

November 26, 2019 Anand Gupta

The Emirates Water and Electricity Company (EWEC), a subsidiary of Abu Dhabi Power Corporation (ADPower) and a leading company in the integrated coordination of planning, purchasing and supply of water and electricity in the Emirate of Abu Dhabi and beyond, has received bids for its 2 GW Solar Photovoltaic (PV) Independent Power Producer (IPP) project, […]