Tender announced by Dubai for the right for construction of the 800-MW phase III of the Mohammed bin Rashid Al Maktoum solar complex has attracted a bid of just USD 29.9 (EUR 26) per MWh.
The Dubai Electricity and Water Authority (DEWA) is in receipt of total five bids, and now the authority is in the process of evaluating their technical and commercial aspects, with announcement of the winner expected in June.
According to some sources, the bidders includes Abu Dhabi-based renewables developer Masdar and Spains Fotowatio Renewable Ventures (FRV). The sources have even mentioned the names of Chinese photovoltaics (PV) company JinkoSolar Holding and Saudi company ACWA Power. Additional details were not revealed.
At the beginning of 2015, ACWA Power International and TSK had secured the tender for the 200-MW phase II of the solar complex in Dubai. Their bid was below USD 60/MWh and, was considered one of the lowest for the industry at that time.
The first phase of the Mohammed bin Rashid Al Maktoum project, featuring 13 MW capacity, was built by US company First Solar Inc.
The Dubai Electricity and Water Authority (DEWA) is in receipt of total five bids, and now the authority is in the process of evaluating their technical and commercial aspects, with announcement of the winner expected in June.
According to some sources, the bidders includes Abu Dhabi-based renewables developer Masdar and Spains Fotowatio Renewable Ventures (FRV). The sources have even mentioned the names of Chinese photovoltaics (PV) company JinkoSolar Holding and Saudi company ACWA Power. Additional details were not revealed.
At the beginning of 2015, ACWA Power International and TSK had secured the tender for the 200-MW phase II of the solar complex in Dubai. Their bid was below USD 60/MWh and, was considered one of the lowest for the industry at that time.
The first phase of the Mohammed bin Rashid Al Maktoum project, featuring 13 MW capacity, was built by US company First Solar Inc.