United Arab Emirates newspaper, The National, took up the stunning industry news of Acwa Power’s recent winning bid in the 100 MW PV IPP tender issued by Dubai’s state utility DEWA. The unprecedented low tariff of 5.98 USD cents/kWh has set a world record for the lowest cost of solar electricity, effectively dispelling the misconception that solar energy is expensive.

After reading the recent article from Apricum Partner Dr. Moritz Borgmann, The National’s energy correspondent published this article on December 3, 2014: Saudi firm outbids rivals for second phase of Mohammed bin Rashid Al Maktoum solar park.

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