ADPower’s subsidiary records world’s lowest tariff for solar park in Abu Dhabi

The Emirates Water and Electricity Company, a subsidiary of the Abu Dhabi Power Corporation (ADPower), has received the world’s lowest solar tariff at AED 4.97 fils per kWh US $ 1.35 cents per kWh) for the 2 GW Al Dhafra solar photovoltaic (PV) project. A consortium, comprising French energy group EDF and Chinese solar company Jinko Power is the winning bidder. The bid, submitted on a levellised electricity cost basis, is about 44 per cent lower than the tariff set three years ago on the 1.2 GW Noor Abu Dhabi project – Abu Dhabi’s first large-scale solar PV project and a world record tariff-setter at the time. Once operational, the Al Dhafra solar PV project will lift Abu Dhabi’s total solar power generation capacity to approximately 3.2 GW.