More information is emerging about the jaw-dropping solar prices bid into a major tender being held by the Abu Dhabi electricity authority, and it underlines just how the stunning fall in prices will change the conversation, and a lot of business and policy planning, about energy markets. As we reported on Tuesday, the world’s biggest solar module manufacturer JinkoSolar and Japanese industrial giant Marubeni set a new record low solar price with a bid of $US24.20/MWh ($A32.11/MWh) for a solar plant of more than 350MW in Abu Dhabi. But it was not the only bid to slash the previous record low price of $US29/MWh in Chile, set just last month, and a previous sub $US30/MWh bid in the United States Emeritus. According to PV Magazine, two other consortium, one led by French nuclear giant EdF, also beat the previous record mark.
Renew Economy 21st Sept 2016 read more »