A pairing of Electricite de France’s renewables arm and China’s Jinko Solar is the lead bidder to build a solar farm larger than 4,200 soccer pitches that would supply power at what could be record-low prices. Abu Dhabi Power Corp. in the United Arab Emirates received five bids to build the 2-gigawatt solar project, one […]
World’s Largest Solar Project Will Also Be Its Cheapest
A consortium comprising EDF and JinkoSolar emerges as the leading bidder in Abu Dhabi’s latest solar tender. Abu Dhabi has set a global record-low solar price as authorities confirmed the winning bid in a 2-gigawatt tender. Upon its expected completion in mid-2022, it is slated to be the largest single-site solar energy project in the […]
EDF consortium low bidder for 2GW Abu Dhabi solar project
A consortium led by France’s EDF and China’s Jinko Power submitted the lowest tariff for the planned 2GW Al-Dhafra photovoltaic (PV) solar project in Abu Dhabi. The consortium submitted a weighted levelised electricity cost (WLEC) tariff of AEDfils3.2046/kWh ($cents0.8732/kWh) and an evaluated weighted levelised electricity cost (EWLEC) tariff of AEDfils2.9117/kWh ($c0.7934/kWh), with the second lowest […]
Masdar And EDF to establish energy services company
ABU DHABI: Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and EDF Group, low-carbon electricity leader, have signed an agreement to establish a joint venture company dedicated to energy efficiency and distributed solar power generation projects. The agreement was signed by Mohamed Jameel Al Ramahi, Chief Executive […]
EDF plans subsidy-free British onshore wind farm
The business already owns and operates two onshore wind farms in Wales, with a combined capacity of almost 25 MW LONDON : EDF Renewables plans to build a 110 megawatt (MW) wind farm in Britain, capable of providing power to about 66,000 homes, it said on Thursday. Britain last year became the first G7 country […]
Europe’s Energy Giants Line Up to Endorse Green Deal
The power sector sees huge opportunity, while the proposed “carbon border” raises questions for EU oil and gas imports. The European Union’s newly proposed Green Deal raises “significant questions” for the oil and gas industry, analysts said, but the plan was broadly welcomed by companies across the energy sector. On Wednesday the European Commission presented […]
8 Countries (Besides the US) With Solar Under $25 per Megawatt-Hour
Around the world, solar power price records just keep on coming. One of the biggest U.S. solar stories of the summer was developer 8minute’s pricing record of $19.97 per megawatt-hour for a Los Angeles project. The project, which looks set to go ahead following initial union resistance, remains a relatively rare public example of sub-$25 […]
Masdar, EDF to establish joint venture energy services company
ABU DHABI: The Abu Dhabi Future Energy Company, Masdar, a subsidiary of the Mubadala Investment Company, and French low-carbon electricity leader, EDF, have signed an agreement to establish a 50:50 joint venture energy services company, ESCO, in order to expand into non-utility scale renewables and energy-efficiency investments in the UAE, GCC region and other emerging […]
French Nuclear Giant EDF Warns of Substandard Reactor Parts
Electricite de France SA, which dominates the nation’s power production, said some of its reactors may contain substandard components. The utility’s shares tumbled. EDF didn’t say if any of the country’s 58 reactors will have to be halted, but electricity prices surged in anticipation of shutdowns. The announcement is another blow to the nuclear industry […]
California Community Choice Aggregator Sees Promise in Floating Offshore Wind
Monterey Bay Community Power is exploring the possibility of a huge floating offshore wind project with developers EnBW and Trident Winds. California community choice aggregator (CCA) Monterey Bay Community Power has signed a memorandum of understanding to explore buying the power from a 1,000-megawatt floating offshore wind farm. It’s an early, if no-stakes, claim to […]
