Large Scale Solar Project of the Year was awarded to Marubeni Corporation with special mention to JinkoSolar who provided the solar panels for the project. The 1,177MW Sweihan Photovoltaic IPP Project is a 60 % owned by Abu Dhabi Water and Electricity Authority and 40% owned by the consortium of Marubeni Corporation and Jinko Solar and is the world’s largest single location Solar PV power plant. The project will also become one of the most cost-effective energy projects in the world, with Japanese Marubeni led consortium offering to provide electricity at the world’s lowest bid at a weighted cost of US 2.42 cents per kWh in September 2016. The consortium achieved Financial Close with mini perm financing in quick 4 months, in May 2017.