Acwa Power defends pricing as solar ‘becomes cheaper than gas’
Issue 356 - 27 Oct 2017
A new record-breaking low tariff was agreed in September when Dubai Electricity and Water Authority (DEWA) contracted a Saudi/Chinese consortium of Acwa Power and Shanghai Electric to build the fourth phase of the Mohammed Bin Rashid Al-Maktoum Solar Park in Dubai, United Arab Emirates. The project follows Acwa Power’s spectacular success in winning major renewables contracts – among other work – in Morocco and other markets across the Middle East and North Africa (Mena). It is also interested in doing more south of the Sahara.
Want to read more?
(Access to one 801-1,200 word article)
Don't have an account?
Register for access to our free content
An account also allows you to view selected free articles, set up news alerts,
search our African Energy Live Data power projects database and view project locations on our interactive map