Featured in Awarding impactful innovators – 01-2020

The land of the low tender

Some of the world’s most cost-competitive solar arrays have been built among the rolling dunes of the vast Arabian Desert. While some government policies appear to be targeted at breaking records, nobody expects the oil-rich Gulf region to bring about truly sharp changes in pricing for solar PV plants.

By

pv magazine

13 Jan 2020

Image: ACWA Power

It was only five years ago that the lowest LCOEs achieved by solar PV were in India and Brazil, at roughly $0.06/kWh. Then came plans for the world’s largest single-site solar park in Dubai. The second phase of the Mohammed bin Rashid Al Maktoum solar park commanded what was then a jaw-dropping price of $0.0598/kWh …

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