The Dubai-based company will base their U.S. operations in Arizona. They launch with a 50 MW portfolio as EPC and/or co-development service provider.
DEWA has signed a $29.90/MWh PPA with Masdar for the 800 MW third phase of the Mohammed bin Rashid Al Maktoum solar park.
New report from the International Renewable Energy Agency suggests that the average cost for electricity generated by solar PV could decrease by as much as 59% by 2025 compared to 2015 prices.
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