Michele Kearney's Nuclear Wire

Major Energy and Environmental News and Commentary affecting the Nuclear Industry.

Tuesday, May 3, 2016

Dubai Shatters All Records for Cost of Solar with Earth's Largest Solar Power Plant

Dubai Shatters All Records for Cost of Solar with Earth's Largest Solar Power Plant

May 2, 2016 | Post Your Comment
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The cost of capital is driving project development costs. As Apricum’s Moritz Borgmann surmises in this article, the lowest bidder here (Abu Dhabi’s Masdar in partnership with Spanish developer FSV) surely has access to the Abu Dhabi government’s wealth and can borrow at rates that commercial banks could not match. Full Article http://www.renewableenergyworld.com/articles/pt/2016/05/dubai-shatters-all-records-for-cost-of-solar-with-earth-s-largest-solar-power-plant.html?cmpid=renewablesolar0532016&eid=288118515&bid=1392826

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