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EDF, Jinko in race for Dubai solar park project

DUBAI, May 5, 2016

China's Jinko Solar and France's EDF are among five bidders for the third phase of Dubai's 5,000 megawatt (MW) solar park project, sources close to the bidding process said.

EDF is bidding as part of a consortium with Qatar's Nebras Power, the sources said.

Saudi Arabia's Acwa Power, Abu Dhabi's Masdar and a consortium led by Japan's Marubeni Corporation were the other bidders for Phase Three of Dubai Electricity and Water Authority's (Dewa) Sheikh Mohammed bin Rashid Al Maktoum Solar Park, the sources said.

Dewa said on Sunday there were five bidders interested in the solar park's third phase, but it didn't name them.

The third phase will add 800 MW to the solar park, which is anticipated to have a total capacity of 5,000 MW by 2030.

Dubai aims to secure seven per cent of its total power output from clean energy sources by 2020, rising to 25 per cent by 2030.

It said the lowest bid price was 2.99 US cents per kilowatt-hour (kWh).-Reuters




Tags: Dewa | EDF | Bid |

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