Real Cheap Solar

Top Bidders in Dubai Tender All under 4.5 US cents/kWh

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.


About The Author

Michael Schmela

Managing Director: Michael Schmela is the managing director of TaiyangNews. He also runs Mischco, a company that offers strategy consulting and communication services to solar companies. Michael also serves as the Executive Advisor to European Solar Sector's Lobby Association Solar Power Europe.

Subscribe To Newsletter

Register for the upcoming event

Latest Videos