Ahmed Nada, MESIA President Gives His View on the New World Record Lowest Bid To Build a 900 MW Solar Project (Dubai MBR Solar Park Phase 5)
26 Oct 2019

DEWA have not yet disclosed the name of the bidder that offered a price of $1.7 

For this project, DEWA requested the bidders to not exceed a price above 2.4 cents per kilowatt hour.

The project aims to reach a capacity up to 5GW in 2030

Since 4 years, the project continues to show a constant decrease in the costs of solar power (first phase: 8.85 cents per kilowatt hour. Fourth phase: 2.4 cents per kilowatt hour)

Watch the interview here.