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."
Dubai Electricity and Water Authority (DEWA) and a consortium led by Saudi Arabia’s ACWA Power and Chinese government-owned Silk Road Fund, have achieved financial close on the 950MW fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park.
Dubai Electricity and Water Authority (DEWA) has launched a project to install PV panels in 10% of the homes of UAE nationals within Dubai and connect them to its grid.
Jinergy gets bifacial HJ modules approved for UAE projects, while
LONGi teams with BayWa r.e. on global distribution deal and JinkoSolar supplies 132MW of modules to Swinerton for Nevada project.
The first three renewable energy projects developed under the US$50 million United Arab Emirates-Caribbean Renewable Energy Fund (UAE-CREF) have broken ground in the Bahamas, Barbados and Saint Vincent & the Grenadines, according to the UAE Ministry of Foreign Affairs and International Cooperation (MOFAIC).