Day: May 3, 2020

The tariff is around $0.0021 lower than the $0.0156/kWh French oil giant Total and Japanese conglomerate Marubeni Corp offered in Qatar’s 800 MW tender in late January. French energy company EDF and Chinese solar company JinkoPower reportedly submitted the record bid in the UAE exercise. With that tweet, the media office of the UAE government announced the world’s lowest price for solar electricity was today agreed in the 1.5 GW solar tender the Emirates Water and Electricity Company (EWEC) launched in July. The EDF-Jinko bid of $0.0135/kWh is around $0.0021…

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Nestlé UK signed a corporate power purchase agreement for 31 megawatts of output from the Race Bank wind farm off the North Norfolk coast. The deal is expected to cover half of the food and beverage subsidiary’s power consumption. Starting on May 1, 2020, Race Bank wind farm will provide 125 gigawatt hours to Nestlé UK under the terms of a new 15-year indexed fixed-price agreement with Ørsted. Race Bank opened in June 2018 with the capacity to generate 573 MW from 91 Siemens Gamesa 6-MW wind turbines. The other…

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