Construction work on the 2GW Al Dhafra solar project in Abu Dhabi is set to begin as the consortium behind the development announces it has reached financial closing.
Abu Dhabi-based renewables developer Masdar has formed a joint venture to bring forward a 145MWac floating PV park at a reservoir in West Java, Indonesia.
Kingdom pre-selects ACWA, First Solar, Marubeni, Masdar and others for projects ranging from 20MW to 600MW, with ultra-low prices heralding new PV boost in Middle Eastern kingdom.
Government contract win is the latest in the Caucasus region for UAE player, who was chosen last month by neighbour Armenia to start up solar ecosystem with 400MW push.
Middle Eastern clean energy player will assist with US$300-320m roadmap to deliver large-scale PV pipeline in Caucasus state, which only boasts 50MW up-and-running despite high irradiation.
UAE firm unveils construction timeline as it signs PPA for 100MW solar project in Navoiy region, which it was contracted to develop after tabling bid of US$0.027/kWh earlier this year.
