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19 Sep
17:12

Dubai attracts record-low solar costs

Dubai has awarded the world’s lowest power generation contract, featuring a levelised cost of electricity (LCOE) of 7.3 cents/kilowatt hour, to a concentrated solar power (CSP) project. The bid, which does not include subsidies, was offered by a consortium including Saudi Arabia’s ACWA Power and China’s Shanghai Electric, Kallanish Steel’s sister publication Kallanish Energy reports. The companies will develop the fourth phase of the…
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