Real Cheap Solar

Some things go almost without words. This graph showing the top 5 bidders in DEWA's tender for the 800 MW 3rd Phase of The Sheikh Mohammed Bin Rashid Solar Park in Dubai are all below 4.5 US cents/kWh. The lowest bid was 3 US cents/kWh Oh my God! That tender could be indeed a quantum leap for solar as I already mentioned in yesterday's post directly after I heard about the news about the lowest bid (which according to the Middle East Solar Inddustry Association MESIA was even 2.99 US cents/kWh).

For a good analysis of this bid, I suggest to read the article from Apricum partner Moritz Borgmann.