1.35 Cents/kWh: Record Abu Dhabi Solar Bid Is A Sober Reminder To Upbeat Fossil Fuel Pundits

CLEAN TECHNICA | A rather meaningful piece of energy news went almost unnoticed in recent weeks. The Abu Dhabi Power Corporation announced the lowest tariff for solar energy in the world. The new record came as the winning bid for the upcoming 2 gigawatt (GW) solar power plant, the Al Dhafra Solar PV project, set the world’s most cost-competitive tariff for solar PV energy, at USD 1.35 cents/kWh (AED 4.97 fils/kWh in local currency). This is approximately 44% lower than the tariff set just three years ago for the “Noor Abu Dhabi” project – Abu Dhabi’s first large-scale solar 1.2GW PV project and a world record tariff-setter at the time — which commenced its commercial operation back in April 2019.


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