gulf

Bid of QAR0.0571/kWh (US$0.01569/kWh) for 800MW project planned west of Doha beats previous auction records secured in Portugal and Dubai.

Grid-connected 800MW project developed with local partners will help the Gulf nation to diversify its energy mix and deliver a 'carbon-neutral' football World Cup in 2022.

Connection of 300MW venture by ACWA Power and AlGihaz comes after their world-record bid of 8.781 halalas/kWh (US$2.34/kWh) in the first round of Saudi Arabia's renewable tender programme.

The utility said the winning bid of $1.6953 cents per kWh is a world record for "PV solar power projects based on the IPP model."

In an email exchange with PV Tech, the Dubai utility declined to comment on whether the tariff – allegedly submitted by a consortium led by Saudi Arabia's ACWA – was correct, with its CEO telling Bloomberg on Sunday it was "the lowest price worldwide."

ACWA Power continues its success in the Gulf with a victory in Oman.

Thai power firm Gulf Energy Development plans to build a 48MW solar project in Vietnam in partnership with conglomerate Thanh Thanh Cong Group (TTC Group), according to a filing on the Stock Exchange of Thailand.

Oman has confirmed a competitive tender for a 500MW PV project.

Major Thai gas-fired power and rooftop solar IPP Gulf Energy Development PLC is preparing to launch an IPO after receiving approval from the Securities Exchange Commission (SEC).