[If you still have any investment remaining in fossil fuels, take note
of this recent news. Solar electricity on non-subsidized tender at
below 3 cents (U.S.) per kWh. Then, consider the subsidies we taxpayers
and ratepayers still provide to oil production in Canada and the U.S.,
and nuclear fission generation.]
Dubai received a bid of $.0299/kWh for 800MW of solar power. This price
represents the lowest yet recorded for solar power.
Dubai Electricity and Water Authority (DEWA) has received 5 bids from
international organisations for the third phase of the Mohammed bin
Rashid Al Maktoum Solar Park, said HE Saeed Mohammed AlTayer, MD & CEO
of DEWA. The lowest recorded bid at the opening of the envelopes was US
2.99 cents per kilowatt hour. The next step in the bidding process will
review the technical and commercial aspects of the bids to select the
best one.
In the USA, in 2014 and with incentives, utility scale solar projects
averaged $.05/kWh. On this bid alone, five companies bid below $.045/kW
– without subsidies!
http://electrek.co/2016/05/02/price-solar-power-fell-50-16-months-dubai-0299kwh/
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