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

Credit to Author: Carlo Ombello| Date: Mon, 08 Jun 2020 04:50:11 +0000

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 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

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Record-Low Solar Prices Drive Middle East Projects

Credit to Author: Darrell Proctor| Date: Mon, 01 Jun 2020 04:01:00 +0000

The post Record-Low Solar Prices Drive Middle East Projects appeared first on POWER Magazine.

Abu Dhabi Power Corp. (ADPower) in late April announced what it called the lowest-ever cost-competitive tariff for a solar photovoltaic (PV) project, a few months after a project in Dubai made that claim for

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Abu Dhabi To Have Cheapest Solar Power Ever — 1.35 Cents Per Kilowatt-Hour

Credit to Author: Johnna Crider| Date: Wed, 06 May 2020 23:00:46 +0000

The UAE’s other major city, Dubai, set the low-solar-PV-price record in January 2015 at what was then a shocking 5.98¢/kWh, then did so again in 2016 at 2.99¢/kWh. Dubai also set a low-price record for concentrated solar power (CSP), at just 7.3¢/kWh. The new low-PV bid chosen by Abu Dhabi’s public electric utility will bring down the cost of solar power to just 1.35¢/kWh

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UAE donates Covid medical aid to Philippines

Credit to Author: Javier J. Ismael| Date: Fri, 01 May 2020 04:32:48 +0000

THE Philippine Embassy in the United Arab Emirates (UAE) led the Filipino community in thanking the UAE for sending much-needed medical aid for the use of the frontliners in the Philippines fighting the coronavirus disease 2019 (Covid-19) Philippine Ambassador to the UAE Hjayceelyn Quintana said that the UAE government sent seven metric tons of much-needed […]

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POWER Digest [April 2020]

Credit to Author: Darrell Proctor| Date: Wed, 01 Apr 2020 00:00:00 +0000

The post POWER Digest [April 2020] appeared first on POWER Magazine.

Group Readies Hydrogen Production Plant in Japan. A consortium including Toshiba, Tohoku Electric Power, and Japan’s New Energy and Industrial Technology Development Organization (NEDO) in March said it has

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World leaders to meet virtually to coordinate virus response

Credit to Author: Associated Press| Date: Thu, 26 Mar 2020 12:57:09 +0000

DUBAI, United Arab Emirates: Leaders of the world’s most powerful economies will convene virtually on Thursday to try and coordinate a response to the fast-spreading coronavirus, which has shuttered businesses and forced well over a quarter of the world’s population into home isolation. The meeting for the Group of 20 nations will be chaired by […]

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UAE’s First Reactor Gets Go-Ahead

Credit to Author: Darrell Proctor| Date: Wed, 19 Feb 2020 19:16:52 +0000

The post UAE’s First Reactor Gets Go-Ahead appeared first on POWER Magazine.

The United Arab Emirates (UAE) is set to begin commercial operation of the Middle East’s first nuclear power plant, after the country’s regulatory agency on Feb. 17 gave its approval for the start-up of the first reactor at the Barakah site. The plant can now begin loading fuel, and Unit 1 is expected to come […]

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POWER Notebook: A Week of Trials and Triumphs for Nuclear

Credit to Author: Sonal Patel| Date: Thu, 06 Feb 2020 15:31:27 +0000

The post POWER Notebook: A Week of Trials and Triumphs for Nuclear appeared first on POWER Magazine.

The past week saw interesting developments worldwide for nuclear new builds, small modular reactors (SMRs), and advanced nuclear fuel. Highlighted here: A third U.S. utility will use Framatome’s ATRIUM 11 fuel design; Barakah 1 in the United Arab Emirates is on the cusp of startup; South Africa’s Eskom said it wants to dispose of PBMR […]

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Report: Investment in Renewables Hit Record High in 2019

Credit to Author: Darrell Proctor| Date: Thu, 16 Jan 2020 19:33:18 +0000

The post Report: Investment in Renewables Hit Record High in 2019 appeared first on POWER Magazine.

Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]

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