The 1177 MW facility located in Sweihan, Abu Dhabi, is already under construction. It is anticipated to be operational in 23 months. Once commissioned, the plant will provide enough clean energy to power 195,000 homes.
The plant is being jointly developed by Marubeni, a Japanese integrated trading and investment giant, along with Jinko, a global leader in the solar industry, and Abu Dhabi Water and Electricity Authority (ADWEA). The consortium has successfully bid a tariff of $2.42 cents per kilowatt hour, the lowest recorded bid in the history of PV solar.
“We are fully geared and very excited to be a part of this important milestone in the global solar market,” stated Bikesh Ogra, President – Renewable Energy, Sterling and Wilson.
Laying emphasis on the need to be competitive, he further added, “The strongest contributor to this tariff is the capital expense driven by lower equipment cost and a highly efficient system design. Our unique design offerings and state-of-the-art robotics optimizes the yield and performance of the plant.”
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